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Old 06-19-2009, 01:08 PM
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Default Your junk car may be worth $4500

Car shoppers could take advantage of government incentives worth up to $4,500 this summer to send their old gas guzzler to the scrap heap in favor of a more fuel-efficient new vehicle.

President Barack Obama is expected to sign into law the "cash for clunkers" program, which was approved by the Senate on Thursday. A clunker is an old, worn out car. For owners of low gas mileage vehicles, the plan could give them a reason to visit their local car dealer during an economic downturn.

"I've been sitting on the fence for about a year," said Jim Seegraves, 44, who has been looking to replace his 2000 GMC Sierra pickup truck. "This legislation will help me get over the hump and get the car that I want...


US consumers could get up to $4,500 toward new car - Yahoo! Finance
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