Clunker Cash-In

By: Joe Gagnon Email
By: Joe Gagnon Email

They may be a little old, a little out of shape, perhaps bad on gas mileage, and you may be driving it.
It's a clunker, a car that uses a lot of gas and is usually past its prime.
Today, the US Senate passed a bill to get them off the road called Cash for Clunkers.
And i was also able to talk to a couple other dealerships on the phone...
Grand junction subaru welcomed the new bill to cut down on fuel emissions...
And western slope auto had their own questions about why the car has to be totally destroyed...
Administration says the President plans to sign it into law.
The plan sets aside $1 billion in vouchers for consumers who upgrade
from old gas guzzlers to more fuel-efficient vehicles.
To be eligible, your old ride needs to get 18 miles per gallon or worse.
You can get a $3,500 voucher if your new vehicle gets at least four m.p.g. more than your old one and $4500 if you beat the old clunker by at least ten m.p.g.
Ed Neilsen of Fuoco Motors in Grand Junction was concerned about the old clunkers.
The cars have to be in running condition and must have proof of ownership of more than year.
The cars, however are destroyed when they are brought back to the dealership.
In the bill, the car or any car parts cannot be sold for profit once a voucher was given out for it.
Grand Junction Subaru says they welcome the new bill as they have an array of fuel efficient cars, but Western Slope Auto had their concerns about the end results of clunkers after a voucher has been given.
United States Senator Mark Udall approved the bill, and sent 11 News a statement from Washington, "Communities across Colorado are struggling in the economic downturn. This measure will save jobs, help keep Main Street strong in Grand Junction and in towns across our state, and ensure that more of the cars on our roads are cleaner-burning and fuel-efficient."
The bill still has to be approved by President Barack Obama to be signed into law, and at the moment all signs are pointing that he will sign it.

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