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The CAR Allowance Rebate System (CARS) is still operating.
Consumers can still take advantage of the government program and receive a $3,500 or $4,500 discount for their trade-in vehicle when purchasing or leasing a new vehicle.

Check back often to this site for updates and information.



Important things to Know

• Your vehicle must be less than 25 years old on the trade-in date
• Only purchase or lease of new vehicles qualify
• Generally, trade-in vehicles must get 18 or less MPG (some very large pick-up trucks
  and cargo vans have different requirements)
• Trade-in vehicles must be registered and insured continuously for the full year preceding the trade-in
• You don't need a voucher, dealers will apply a credit at purchase.
• Program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes first.
• The program requires the scrapping of your eligible trade-in vehicle, and that the dealer disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate.
• All dealers identified by their OEM as an authorized dealer will receive a letter with instructions on how to complete the registration process. NHTSA expects the system for completing this process will be operational on July 24.
• Transactions on and after July 1 are potentially eligible for credits but you may want to wait until all of the detailed issues are resolved and the final rule is issued on July 24.
• Rebates are limited to transactions between July 1, 2009, and November 1, 2009, OR when the funds are exhausted — even if that occurs before November 1.
• Each transaction you submit will require accurate supporting documentation to ensure timely reimbursement. Errors and omissions will result in rejection and a resubmission of the transaction with corrected documentation.
• NHTSA will provide you with guidance on how to process the transaction, checklist for accurately completing the transaction and examples of mistakes to avoid.


New Dedicated Lexus Hybrid: Lexus HS 250h
In July 2008, the Nikkei, the Japanese business daily newspaper, reported that Lexus will unveil a new hybrid-only model at the 2009 Detroit Auto Show. According to the story, Lexus plans to produce whopping 100,000 units of the vehicle in 2009. It's part of Toyota's plan to revamp a number of manufacturing facilities as it gears up to sell 1 million hybrid vehicles annually. The Lexus HS250h will most likely be outfitted with the 2.4-liter engine and electric motor combo found in the Toyota Camry Hybrid, and share many of the same mechanicals as that car. A luxury sedan with fuel efficiency in the mid-30s or higher could be a winner.

Saturn Vue Green Line Two-Mode
The current Saturn Vue Green Line uses a version of hybrid technology, known as stop-start, which shuts down the gasoline engine at idle. That mild hybrid technology produces a fuel economy improvement of about 25 percent over its conventional counterparts. Not bad. But the next Saturn Vue Green Line-the "two-mode" hybrid version scheduled to begin production early in 2009-promises a 45 to 50 percent bump in fuel efficiency. That's huge. The front-wheel drive Saturn Vue Two-Mode hybrid could get combined fuel economy in the high-20s or low-30s. At the same time, the Vue Two-Mode will offer a towing capacity of 3,500 pounds. The mild-hybrid Vue Green Line and full two-mode hybrid version will be sold side by side. Pricing is expected just below $30,000.

BMW 7-Series Hybrid
BMW launched its new 7-series in Paris and unveiled a hybrid concept version which will cut fuel use by 15 percent. It combines a V8 engine with electric drive with a mild hybrid system.







2010 Fisker Karma


	Type: Sedan
	Fuel: Gasoline/Electric
	Price: >$50,000


2010 Saturn Vue Green Line


	Type: SUV
	Fuel: Gasoline/Electric
	Price: $20,000 - $30,000