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![]() “The ‘Cash for Clunkers’ program is a great way to get old, gas-guzzling vehicles off the road,” said Jon Gray, president, Orange Coast Chrysler/Jeep/Dodge in Costa Mesa, Calif. “We found a way to make it better by offering the same savings even if a trade-in doesn’t meet the official ‘clunker’ definition. “If the trade-in is a qualifying ‘clunker,’ then we will add to the government’s rebate for a total savings up to $9,000,” said Rick Evans, president, Huntington Beach Chrysler/Jeep. “We call it ‘Double Ca$h for Your Old Car.’ Being in the car business all my life, I have never seen an offer this good - $9,000 off a new car, you just can’t beat that!” adds Gray. The Administration established the CARS program to help consumers replace older, gas guzzling vehicles with new, more fuel-efficient vehicles and to help stimulate the national economy. The government credit is $3,500 or $4,500 depending on the amount of fuel economy improvement between the old and new vehicle. NEXT PAGE >> Related headlines Orange County auto sales slide harder than U.S. OC METRO, July issue: '2010 Mercedes-Benz S 400 Hybrid' UC Irvine Economic Outlook: Grim 'OC METRO Minute,' July 24: UCI Paul Merage School of Business lunch |
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