X

Your Cash for Clunkers questions answered

If you have an old car and want to get some Obama change to trade it in for a Prius, The New York Times has a helpful primer that explains the details of the federal Cash for Clunkers program. An auto is only eligible for the $4,500 rebate toward the purchase of a more efficient vehicle if it’s less than 25 years old, has an original mileage rating of under 18 mpg and it is in good driving condition. Other useful info: don’t assume the dealer won’t give you other discounts (haggle as you would on any new car purchase) and move quickly; The $2 billion in additional funds may only last a few weeks. For more, read the full story in the Times.

Faye :Faye Penn is the founder of Brokelyn and publisher of the Brooklyn and Queens Beer Books, the Brooklyn Cocktail Book and other stuff you ain't seen yet. She lives in Ditmas Park. Get at her at brokelyn@gmail.com