Since the legislation for the "Car Allowance Rebate System" (CARS), popularly known as the "cash for clunkers" rebate program was passed, car dealers are now waiting for the hordes of potential new car buyers heading their way to sign the dotted line for a new vehicle. If you are one of those potential new car buyers, below is a round-up of resources to find out whether you qualify, what your "clunker" is worth, and how to avoid being fleeced by car dealers:
- In The Market For A New Vehicle? Here Are The Details Of The New CARS Credit Program. The Consumerist has compiled a list of helpful information that you need to know to determine whether it is worth your while to trade in your old car for a new car, and how to protect yourself from scammers.
- "Beware 'Cash for Clunkers' scams" A timely reminder from CNN about the usual scammers out to make you part with your hard earn money.
- www.cars.gov. Get the facts from the official government site.
- "Edmunds.com Provides List of Vehicles Eligible for "Cash for Clunkers" Rebate". Edmunds.com has compiled a helpful list of vehicles that are eligible for the "cash for clunkers" rebate. Check here to see whether your old car qualifies.
- Car Dealers' Tricks To Watch For. This article by Car and Driver is a must-read, to prep for the hardball tactics that many dealerships prey on unsuspecting buyers.
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