How to Find Cash for Clunkers

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By Mitestarossa
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You can get cash for clunkers or your junk car.

Have you been wondering how to find cash for clunkers? Cash for clunkers is a government funded program that gives individuals a car allowance rebate of $3,500 to $4,500 for their trade in when purchasing a new car from a car dealership. The government started this car allowance rebate system to encourage consumers to buy new cars.

Difficulty: Easy

Instructions

Step 1

CONTACT THE DEALERSHIP - Contact your local car dealership that has a car you wish to purchase. The cash for clunkers program requires that you purchase or lease a new vehicle. Make sure that you read all of the details of your lease or purchase agreement. The cash for clunkers program only guarantees that you can get a large trade in value for your old car, it does not guarantee that you will get a good deal on your new car, so make sure you negotiate your new car purchase. You do not need to take a coupon or other information to the dealership, they should automatically give you the rebate.
Step 2

YEAR OF CAR - Check to make sure that your trade in vehicle qualifies for the cash for clunkers program by checking the model year. The cash for clunkers program is only for cars that are 25 years old or younger.
Step 3

MILES PER GALLON - Check to make sure that your trade in qualifies by checking it fuel mileage. For most cars that amount is 18 miles to the gallon or less. Trucks and commercial vehicles can qualify as well, but have different standards.
Step 4

ACT FAST - Act quickly to secure your trade in value. The cash for clunkers program is only available until November 1, 2009 or until the funds for the program run out. The program is currently still available, but not for long, so contact your dealership quickly and bring in your trade in. Knowing how to find cash for clunkers will help you to get into your new car quickly.
Step 5

RULES - Follow the rules of the cash for clunkers or car allowance rebate system. Every car must be registered and insured for a year before you trade it in.
Step 6

SCRAP VALUE - Receive the scrap value for your vehicle. All vehicles eligible for the cash for clunkers program will be scrapped after trade in. The dealership is required to tell you what the scrap value of your vehicle will be. You will also receive that amount in addition to your cash for clunkers amount for your vehicle. You will receive both the trade in value and the scrap value for your trade in vehicle.

Knowing how to find cash for clunkers will help you to get the car that you need and can afford.