Jul 24th, 2009 - Statesman
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Clunkermania may have officially begun Friday.
The federal government released the rules that dealers and their customers have to follow to participate in the much-discussed "cash for clunkers" program, which provides consumers with up to $4,500 in cash when they trade in an older vehicle and buy a newer, more fuel-efficient model from a participating dealer.
The law creating the $1 billion program went into effect July 1, but many dealers were reluctant to participate until they looked at the rules.
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Clunkermania officially began today. The federal government finally released the rules that dealers and their customers have to follow to participate in the much-discussed "cash for clunkers" program...
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