Car Allowance Rebate System At Peninsula Infiniti President Obama signed into law the Car Allowance Rebate System (CARS) or Cash for Clunkers program. This program is designed to provides help in the purchase a new, more fuel efficient vehicle when you trade in a less fuel efficient vehicle. See program details for eligibility requirements.*

Under the CARS program, The Nation Highway Traffic Safety Administration (NHTSA) is charged with creating the rules for the program implementation within the next 30 days. Contact Peninsula Infiniti today to learn more about the C.A.R.S (car allowance rebate system) program today.*

Cars For Clunker Requirements

Benefits you will Get?

  1. You can get $4,500 if new car is 10 MPG more fuel efficient than the older car
  2. You can get $3,500 if new car is 4 MPG more fuel efficient than the older car
  3. This bill sets aside $1 billion for 'Cash For Clunkers' program
  4. You may trade in or buy a domestic or a foreign vehicle

Who is Eligible?

  1. Only purchase or lease of new vehicles will qualify
  2. Clunkers eligible for the program must get 18 MPG, or less
  3. Must hold a valid legal title to the car seeking to trade in
  4. Registered to the same owner for the full year preceding the trade-in*

Who is NOT Eligible?

  1. Cars that have not been insured for the past year
  2. Cars that are older than 25 years
  3. Cars not in drivable condition
  4. New Car manufacturer's suggested retail price cannot exceed $45,000*

Contact Us for more Information.

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*Official Cash For Clunkers Program (also known as Car Allowance Rebate System) has not been finalized by the Federal Government and the Department of Transportation. All rules and regulations are subject to change.
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