I would appreciate if you let me know whether a Honda accord ex 1992 qualifies for the cash for clunkers program. How does one know which car is qualified? How does one go about it?
If above mentioned car does qualify where do we go to buy a new car? We live in Cleveland.
We do not want to spend too much. We would prefer a Honda or Toyota or Nissan with excellent mileages. Can you please suggest a dealer who will not cheat us? I gather that Toyota is giving $2000 cash back if a car is bought from them. Is it true?
Your 1992 Honda Accord EX does not appear to qualify for the Cash for Clunkers program because it gets more than 18 MPG City/Highway combined based on this criteria:
Cash for Clunkers rule on passenger cars: The old car you would like to trade in must have been manufactured in 1984 or later, and must get 18 mpg or less city/highway combined. If the mileage of the new car is at least 4 mpg higher than the old vehicle, the voucher will be worth $3,500. If the mileage of the new car is at least 10 mpg higher than the old vehicle, the voucher will be worth $4,500.
What's a clunker?
Search a data base, courtesy of The Detroit News, to determine if a vehicle qualifies as a "clunker" under the new law.
If If the vehicle was built before 1985, get the mileage at www.fueleconomy.gov.
I suggest these dealerships in Cleveland as reputable as well:
Metro Toyota: http://www.metrotoyota.com/ou/brookpark-toyota/
Classic Nissan: http://www.driveclassicnissan.com/
Rick Case Honda: http://www.rickcase.com/cleveland-hyundai/
For a list of current offers and rebates on Toyota models go here:
Q: Is the billed signed into law yet?
A: On Thursday, June 18th the Senate voted to KEEP the Cash for Clunkers provision in the $106 billion dollar wartime spending bill. This means that both the house and Senate have approved the spending bill and now it will go to President Obama to sign. Consumers can start purchasing cars that qualify on July 1, 2009.
Q: Are there updated conditions on the bill?
A: The purchased vehicles, which must be new and cost no more than $45,000, must be bought between July 1 and Nov. 1 to qualify. You cannot trade in a clunker for a motorcycle.
Q: Does the Cash for Clunkers bill apply to used car purchases?
A: Currently, the language of the proposed bill is only for new car purchases. If you are looking for a used car, click here.
Q: Is the value of the voucher tax-free to the consumer?
Q: Is there an income limit that disqualifies certain vehicle owners?
Q: If I already purchased a new car, in the last few months, can the voucher apply to my past purchase?
A: We can not answer that question until the final bill is signed into law but