DFW Residents Making Cash for Clunkers Pay Off
Wondering how to take advantage of the government’s new Cash for Clunkers program? Yahoo Autos recently ran through some common scenarios and tips for getting the most out of this new law, whether you plan to buy an exotic car or a commuter vehicle.

This Lambo rental at DFW Elite Auto Rental is anything but a clunker!
The Cash for Clunkers law helps car buyers buy more fuel-efficient vehicles as a replacement for old polluting cars. If you’re 18 or older and have owned your car for more than a year, you are probably eligible to participate. If your car’s value is below $3500 to $4500, you may be money ahead with the new law.
If you want to buy a new car that has better fuel economy than your old car, you might be able to save as much as $4500. The law allows this maximum rebate for cars that improve gas mileage by more than 10 miles per gallon. For trucks, the improvement must be at least 5 miles per gallon.
When buying a new car or truck, the gas mileage must also meet certain requirements to qualify for the minimum amount of $3500. Cars must get at least 22 miles per gallon, and a truck needs to get a minimum of 18 miles per gallon.
The government requires that all traded vehicles be scrapped, since part of the law’s purpose is that is to reduce overall pollution from automobiles. Another goal is to increase sales and serve as a shot in the arm for ailing automakers.
The website fueleconomy.gov can help you compute your vehicle’s current gas mileage. The fuel economy of new cars is easy to find on the window sticker or in the manufacturer’s literature. The overall fuel economy (average of city and highway economy) is the number you need to know.
Cash for Clunkers can serve as a good way to get a discount on an exotic car. However, you can’t set your sights too high and still take advantage of the rebate. Most sources indicate that there is no significant savings if your new car costs more than $45,000.
If you are looking to buy an exotic car in DFW, you will need to find a safe place to store your exotic vehicle in Dallas Fort Worth TX, a skilled mechanic to perform maintenance, and a good insurance agent.
Instead, why not rent an exotic car? Most exotic car owners only drive their six figure rides a few days a year. Exotic car rental or joining an exotic car sharing club in DFW makes much more sense. Both options allow you to drive your dream car without the hassle and expense of ownership.
For more information on some common scenarios and the Cash for Clunkers program, check out this Cash for Clunkers news article.
Kate Miller-Wilson is a professional freelance writer living in the Twin Cities. Visit her website or email her for information about her freelance writing services.
Eric on July 20th 2009 in Exotic Car Rental

