Lev Lazinskiy

Cash For Clunkers - Government Initiative: My Thoughts

Just been browsing through some stuff about the new “Cash for Clunkers” program also known as Car Allowance Rebate System (CARS) that was initiated by the government recently. It kind of went under the radar for most people but as of late it has been getting the proper media attention that it deserves.

In a nutshell the program gives you a credit of anywhere from $3,000 to $4,500 for your trade in when you purchase a new vehicle. The purpose of this program is to not only make purchasing a new vehicle easier for consumers in this struggling economy. It also is supposed to put “greener” cars on the roads in America. This kind of tackles two issues with one policy. Pretty smart program.

Now like most government programs it is not perfect, it has its ups and downs and of course it has many critics. But all in all I think its a great program. I honestly wish that my vehicle fell under this program so then maybe I could get a new set of wheels?

I think that everyone should take advantage of this while they still can. Opportunities like this only come around once in a presidency, and you do not want to let it pass you by.