Even though we’ve known about the basic requirements to qualify for the Cash for Clunkers rebate since it was created by Congress earlier this year, the program didn’t become official until July 24th. As a part of the official launch, the Environmental Protection Agency (EPA) has now made changes to more than 30,000 vehicle model types spanning the past 25 years.
For some new car shoppers that move may be a disappointment. For example, one CNNMoney reader said that the combined fuel-economy rating for his 1987 Mercury Grand Marquis was 18 mpg when he checked before July 24 – making the vehicle eligible for the $4,500 rebate.
However, when he checked on Saturday, he found that the fuel-economy of his car has been raised to 19 mpg – one more mpg than previously stated, making him ineligible for the CARS program.
EPA spokesman Dale Kemery said that roughly equal numbers became newly eligible and newly ineligible.
Make sure you check out all the details at cars.gov before heading to your local dealership
- By: Stephen Calogera