Cash for Clunkers

Be on the Alert for Bogus ‘Cash for Clunkers’ Offers

WASHINGTON, DC - Scam artists are trying to profit from the federal government’s new program that helps consumers buy or lease a new, more fuel-efficient vehicle. According to a new consumer alert from the Federal Trade Commission, the nation’s consumer protection agency, people should be on the lookout for so-called “cash for clunker” Web sites that ask for personal information – including name, address, and Social Security number – that they claim is necessary to “register” for the program.

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Transportation Secretary Ray LaHood Encourages Consumers to Buy More Fuel Efficient Cars and Trucks

WASHINGTON, DC - Earlier this week, U.S. Transportation Secretary Ray LaHood kicked off a buyer incentive program designed to help consumers purchase new fuel efficient vehicles and boost the economy at the same time. The Car Allowance Rebate System (CARS), commonly referred to as Cash for Clunkers, is a new federal program that gives buyers up to $4,500 towards a new, more environmentally-friendly vehicle when they trade-in their old gas guzzling cars or trucks.

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Hoosiers Should be Wary of “Cash for Clunkers” Scams

 

The federal government recently signed into law the Car Allowance Rebate System (CARS), commonly known as “Cash for Clunkers”. This is a government program that helps consumers purchase new, more fuel efficient vehicles when they trade in a less fuel efficient, “gas guzzling” vehicles.

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