Tri-Citians Trading in Clunkers for Cash Under New Law - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Tri-Citians Trading in Clunkers for Cash Under New Law

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PASCO, Wash.--  Tri-Citians have started trading in their clunkers for cash under a new federal law that took effect July first.  

The Car Allowance Rebate System (CARS), or commonly known as Cash for Clunkers, took effect at the beginning of this month.  Many dealerships are waiting for the full details to be ironed before letting customers make the swap. However, George Gee Nissan in Pasco has announced they will participate.  General Manager Mark Diddens says they've already started the paperwork for two people to trade in their older, not as fuel efficient cars for newer, higher MPG ones. 

Diddens thinks the program will be a hit.  He explains, "I anticipate we'll virtually run out of these fuel efficient cars.  They scheduled the program for July first through November first.  I'm honestly trying to get more cars from the factory because we think it's going to be that big."

You can get between $3500 and $4500 dollars towards a brand new car if you trade in an old one.  The program is set to run until November first, but could end earlier if the $1-billion allotted for the program runs out.

There are some rules and guidelines though, head to cars.gov for more information.


 

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