Car Allowance Rebate System
Other programs with the same motivation include support for bringing forward future infrastructure investments and accelerated depreciation to bring.
Car allowance rebate system. Federal scrappage program intended to provide economic incentives to u s. Car allowance rebate system cars. Department of transportation s national highway traffic safety administration will administer the program. On june 24 2009 president obama signed into law the car allowance rebate system cars commonly known as cash for clunkers one of several stimulus programs whose purpose was to shift expenditures by households businesses and governments from future periods when the economy is likely to be stronger to the present when the economy has an abundance of unemployed resources that can be put.
The car allowance rebate system which cost the government 3 billion and was dubbed cash for clunkers was so popular that it ran for only a few weeks in the summer before running out of money. The car allowance rebate system cars colloquially known as cash for clunkers was a 3 billion u s. Although the cars program is currently over car owners still can find ways to turn their junk cars. The program was promoted as providing stimulus to the economy by boosting auto sales while putting safer.
Finding current cash for junk cars programs. The car allowance rebate system cars also called cash for clunkers by the media begins in late july 2009. The car allowance rebate system cars 1 is one of several stimulus programs whose purpose is to shift expenditures by households businesses and governments from the future to the present. Federal scrappage program intended to provide economic incentives to u s.
You could get 3 500 or 4 500 from the federal government for trading in an old inefficient vehicle for a new more efficient one. Residents to purchase a new more fuel efficient vehicle when trading in a less fuel efficient vehicle. The program was promoted as a post recession stimulus program to boost auto sales while putting more fuel. The car allowance rebate system cars is a voluntary incentive program designed to encourage consumers to trade in older less fuel efficient cars and trucks for newer more fuel efficient vehicles.
Government program under the obama administration that allowed individuals to trade in used vehicles that did not meet government specified standards of. Residents to purchase a new more fuel efficient vehicle when trading in a less fuel efficient vehicle.