Paul Moak Honda
802 Harding Street at I-55 and High Street Jackson, MS 39202Sales: (866) 980 - 9550
- Service: 601-914-3550
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Cash for Clunkers
Now is time to act...On
Thursday, June 18th, the U.S. Congress passed a bill with a provision
referred to as "Cash for Clunkers" (Car Allowance Rebate System--CARS). President Obama has signed the bill into law. The purpose of
the program is to encourage American drivers to upgrade their older,
less fuel efficient vehicles with autos that are better for the
environment. Trade-in vehicles towards new vehicle purchases between
late July 2009 and October 31, 2009 (exact dates to be announced) are eligible for the government
voucher.
You can count on us for the latest news regarding the voucher program.
Paul Moak Honda is your source for Cash for Clunker news and latest developments.
Paul Moak Honda is your source for Cash for Clunker news and latest developments.
| Summary of Cash for Clunkers Agreement | |||
| Minimum Fuel Economy for New Vehicle | $3,500 Voucher | $4,500 Voucher | |
| Passenger Car or minivan | 22 mpg (EPA combined) | Mileage improvement of at least 4 mpg | Mileage improvement of at least 10 mpg |
| Light-duty truck | 18 mpg (EPA combined) | Mileage improvement of at least 2 mpg | Mileage improvement of at least 5 mpg |
| Large light-duty truck (6,000-8,500 pounds) |
15 mpg (EPA combined) | Mileage improvement of at least 1 mpg or trade-in of a work truck | Mileage improvement of at least 2 mpg |
| Work truck (8,500-10,000 pounds) |
Trade-in must be at least pre-2002 | ||
Check Your Clunker's Combined MPG Eligibility with the Federal Government's MPG Ratings
Click to View Frequently Asked Questions
Example of a Cash for Clunkers qualifying scenario (as the bills sits today):
If you have a 1995 Dodge Caravan with 100,000 miles in good condition, your Caravan could be valued around $1,000. If you decided to purchase a more fuel efficient vehicle (certain restrictions apply--see chart below), then you could qualify for a $3,500 - $4,500 rebate from the government. The rebate would be given to Paul Moak, as a participating dealership, and we will discount the new vehicle by the appropriate rebate amount.
Click to View Frequently Asked Questions
Example of a Cash for Clunkers qualifying scenario (as the bills sits today):
If you have a 1995 Dodge Caravan with 100,000 miles in good condition, your Caravan could be valued around $1,000. If you decided to purchase a more fuel efficient vehicle (certain restrictions apply--see chart below), then you could qualify for a $3,500 - $4,500 rebate from the government. The rebate would be given to Paul Moak, as a participating dealership, and we will discount the new vehicle by the appropriate rebate amount.
Click on the Adobe icon for examples of used vehicles you can turn into cash::
Click on the Adobe icon to read the entire Cash for Clunkers Law:
Click on the Adobe icon to read the entire Cash for Clunkers Law:
Helpful Websites with Information on the Cash for Clunkers Program:
www.honda.com/cashforclunkers
www.cashforclunkersfacts.com
www.cars.gov
www.fueleconomy.gov
www.honda.com/cashforclunkers
www.cashforclunkersfacts.com
www.cars.gov
www.fueleconomy.gov
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