You’ve most probably heard about the cash for clunker program that the US program created to help consumers get environment-friendly cars. The program is good but leaves out a good portion of the market. To solve that problem, private dealers came out with a solution – the Automotive Stimulus Plan.

The Automotive Stimulus Plan is similar to the cash for clunker program. In essence, it is a supplement to the government program. What it does is fill the gaps the cash for clunker program has. For example, the private dealers are declaring that all vehicles older than 2007 models are eligible for trade-ins. They are also saying that they are allowing the money to be used to buy or lease both new and used cars.

And unlike the government program, the vehicles for trade-in should be a 2006 model or older, in working condition, be owned, registered with insurance for a minimum of six months, and must be less fuel efficient by 2 miles per gallon than their replacement vehicle.

You can check out the official Automotive Stimulus Plan website for more details.

[image from http://www.autostimulusplan.com/]

Make sure to check out the site for more related information about Automotive Stimulus Plan .

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