Cash for Guzzlers Details

Finally, the day has come for full disclosure of the rules and regulation governing the cash for guzzlers incentive
The government has been slow with their implementation of the program to help jumpstart the auto industry and economy. Dealers and customers have been on edge since the program has been announced.
Customers that trade in their old, fuel inefficient vehicles could get a rebate of between $3500 to $4500 off their new purchase. $1 billion dollars has been allocated for an estimated 250,000 new vehicle trade-ins by November 1 2009.
With an estimated 19000 dealerships and 250000 vehicles, this amount to an average of 13 vehicles per dealers in a 3 months span. Although this program was put forth to boost the economy, it could be over sooner that predicted.
Many dealers have been selling and signing up customers for the program in advance prior to the release of the government rules release today July 24.
Already there have been complaints from some dealers that they are unable to log into the system because of constant crashing of the website, others about the length of the document. One could only understand the frustration of waiting so long to get the details, and trying to be first to take advantage of this program because the money will run out quickly.
For consumers that may not qualify for this incentive Chrysler have come up with a new program offering any customers up to $4500 off a new purchase on selective models regardless if they qualify for the cash for clunkers or not. Their program last until July 31.
As per their program if you qualify for cash for guzzlers they would double the offer meaning you could now get up to $9000 of a new purchase.
Emerging out of bankruptcy in less than 2 months is it the right thing for Chrysler, only time will tell.
Down load the rules to CASH FOR GUZZLERS http://www.cars.gov/files/TheRule.pdf