Cash For Clunkers

Energy Literacy Advocates recently published an informational paper objectively outlining the pros and cons of potential Cash for Clunkers legislation. To learn more please explore the following links, and view our handy legislation quick reference table below:

Full Paper in PDF Format

Potential 2009 Eligible Cars and Trucks

Legislation Quick Reference:

Bill Number	HR 1550	S 247	HR520
What vehicle model years would qualify for vouchers?	2009, 2010, 2011	Any model year after 2003	Any model year after 2003
Allowed maximum purchase price of vehicles?	$35,000	$45,000	$45,000
Definition of an inefficient vehicle based upon fuel consumption	None given	18 MPG or worse	18 MPG or worse
Voucher available for vehicles assembled outside North America?	No	Yes	Yes
Largest voucher amount available	$5,000 for U.S. assembled vehicle with minimum highway fuel label of 30mpg	$5,500 for vehicle seven years or newer in manufacture, and achieves a fuel economy level is 50 percent greater than the fuel economy standard under section 32902 of title 49, United States Code, for the model year and compliance category of such automobile.	$5,500 for vehicle seven years or newer in manufacture, and achieves a fuel economy level is 50 percent greater than the fuel economy standard under section 32902 of title 49, United States Code, for the model year and compliance category of such automobile.
Length of voucher program	2009 to December 31, 2010	4 year period beginning January 1, 2009	4 year period beginning January 1, 2009

For more information about our Cash for Clunkers paper, contact us today.

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