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Saturday, August 1, 2009

Not all ‘clunker’ trade-ins are created equal

Some surprising vehicles fail to qualify due to 18 mpg ‘line in the sand’
By Roland Jones
Now that the House has approved rushing an additional $2 billion to prop up the financially strapped “cash for clunkers” car purchase program, owners of the 1991 Dodge Caravan might be thinking of trading in their old boat of a vehicle for something newer.
They might be in for a surprise when they get to the dealer.
Under the terms of the government’s rebate program, a '91 Dodge Caravan with a 3.0-liter V6 engine and three-speed automatic transmission, rated at 18 mpg, could qualify for a rebate. But the very similar '91 Caravan with optional four-speed transmission, rated at 19 mpg, does not.

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