The federal government recently passed their "Cash For Clunkers" legislation that gives car buyers up to $4,500 in rebates towards the purchase of a new car if they opt for a fuel-efficient vehicle that is better than their current car. Like pretty much every law to come out of Washington, D.C., the bill is pretty convoluted and confusing. The Ford Motor Company, in an effort to make things a bit simpler, has launched a new section of their website designed to help you figure out if your current car qualifies.
Ford's Cash For Clunkers Eligibility Program
The Ford family, including Lincoln and Mercury, offers 20 different models that qualify as replacement vehicles in the Cash For Clunkers plan (sorry, the Mustang isn't one of them), and you can easily check your eligibility by using a set of drop down menus to describe your car (year, make, model, engine, transmission, etc.). The system then tells you whether or not you're eligible, and how much money you can get. The system is very comprehensive. I tested it with a rare car (a 1985 AMC Eagle wagon with a 3-speed automatic) and it worked just fine (and for those of you who have an '85 Eagle wagon, it's worth the full $4,500). Check out the Let Ford Recycle Your Ride website to enter your specs and see what you can get.