Are you thinking about trading in your older, less fuel-efficient car under the new Cash for Clunkers program? If so, check out this new eligibility calculator from Ford. It's the best one I've seen yet.
So it looks like my Volvo wagon isn't eligible because it gets 19 mph. So what about your ride? Are you going to crush it?
Another thing to think about is the cost of ownership of an older vehicle with proper maintained an average fuel millage thats paid off to a new higher fuel millage + financing costs plus full coverage insurance. Only if you go from a large gas hog to a small hybrid and fuel prices go back to where they were a year ago it might be feasible to change.
If your going to a similar size/type and the age is not that different then the cost of new would be more that of the old over the same time of ownership for the financing period.
The Cash for Clunkers is just a government subsidy to the auto manf. and banks to get people to go in debt buying autos.
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Metal is the material, The forge is life, The anvil and hammer bring character and soul.
