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Buy New Car, Get Rewarded  by Gov't

Are you looking to buy a new car? The Obama Administration may reward you if you do. A bill by Rep. Betty Sutton (D-Ohio), co-sponsored by 19 lawmakers, would offer $3,000 to $5,000 to consumers who scrap an old car and buy a new one.





In a move to take older, gas-guzzling vehicles off the road and spur new car sales, Representative Betty Sutton (OH) introduced legislation that will provide consumers a $3,000 to $5,000 incentive to buy more fuel-efficient cars, trucks or use mass transit.

Rep. Sutton's Consumer Assistance to Recycle and Save (CARS) Act gives consumer purchase incentives for turning in vehicles that are 8 years or older to buy more fuel-efficient vehicles or to obtain a transit voucher.

In the legislation, new car purchases that qualify for this incentive must achieve a minimum of 27 miles per gallon on highways, while new trucks must achieve a minimum of 24 mpg for highway driving. The bill provides graduated incentives based on greater fuel efficiency

To learn more, visit http://sutton.house.gov/news/story.cfm?id=218

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