President Obama signs cash for clunkers' legislation

Incentive to buy fuel-efficient cars

Thursday, June 25, 2009

Sabrina Eaton

Plain Dealer Bureau

Washington -- Legislation to boost the auto industry and improve the environment by subsidizing sales of fuel-efficient vehicles was signed into law Wednesday by President Barack Obama.

The "cash for clunkers" measure authored by Copley Township Democratic Rep. Betty Sutton was part of a broader funding package that Congress approved last week. Sutton said the program would "improve our environment and help shore up the jobs of millions of Americans who depend upon our auto and related industries for their livelihood."

The "Car Allowance Rebate System" administered by the National Highway Traffic Safety Administration would issue credits of $3,500 or $4,500 to buyers of fuel-efficient cars who turn in older, gas-guzzling vehicles to be scrapped.

President Obama signs cash for clunkers' legislation

Incentive to buy fuel-efficient cars

Thursday, June 25, 2009

Sabrina Eaton

Plain Dealer Bureau

Washington -- Legislation to boost the auto industry and improve the environment by subsidizing sales of fuel-efficient vehicles was signed into law Wednesday by President Barack Obama.

The "cash for clunkers" measure authored by Copley Township Democratic Rep. Betty Sutton was part of a broader funding package that Congress approved last week. Sutton said the program would "improve our environment and help shore up the jobs of millions of Americans who depend upon our auto and related industries for their livelihood."

The "Car Allowance Rebate System" administered by the National Highway Traffic Safety Administration would issue credits of $3,500 or $4,500 to buyers of fuel-efficient cars who turn in older, gas-guzzling vehicles to be scrapped.

Source: The Plain Dealer (Cleveland)

Please feel free to visit the following sites for more information in regards to the Cash for Clunkers bill:

http://www.prestonauto.com/cash-for-clunkers.htm

www.cashforclunkerspittsburgh.com

www.cash4clunkersoh.com

www.cash4clunkersoh.com/youngstown/

www.cash4clunkersoh.com/warren/

www.cash4clunkersoh.com/boardman/

www.cash4clunkersoh.com/cleveland/

Cash for Clunkers

Cash for Clunkers is a government program designed to put more fuel efficient cars on the street and remove the less fuel efficient cars. This program gives you the consumer a great opportunity to take advantage of extra money given to you when you buy a new fuel efficient car and trade in your old inefficient car.

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. We are told that consumers can start purchasing cars in late July but we are awaiting final details from NHTSA. A firm start date has not yet been confirmed.

Consumers can start purchasing cars on July 1st and the program is scheduled to end on November 1, 2009. To ensure the best selection of vehicles, we recommend that you act quickly.