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Originally Posted by VTGreg
Yes. I believe the only caveats are that you have to have owned the car for more than a year, it has to be a certain age and that it gets better gas mileage (money back depends on how much better the gas mileage is).
The bill is really a joke. All it will do is spur new car sales. I imagine there will be negligible impact on fuel efficiency since the stringent fuel requirements were removed so the bill would get passed. Just another $4B drop in the bucket.
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are you sure it's on top of? from what i read, i thought it was the value of the trade in = 3500/4500. and that's a check that govt gives straight to dealer as part of downpayment.