We have the final rules for the NHTSA Car Allowance Rebate System (CARS) in hand and we will continue to post our consumer comments and analysis.

To read commentary:  Click Here

Here is the 136 Page NHTSA Document: Cash for Clunkers FINAL RULES

Many questions remain unanswered.  The final rules may resolve some of the questions that consumers have raised.

Cash For Clunkers Rulings

We are hoping that the published document on the official NHTSA CARS website (www.cars.gov ) will answer some of these questions:

1. What do consumers do when their car is not listed on http://fueleconomy.gov?

2. Will cars with outstanding loans (liens) be able to be traded in for a CARS credit?

3. What procedures will be put in place to ensure that cars are not resold?

4. Will clunker owners that had short lapses in insurance or registration do to unforeseen circumstances be allowed to participate?

5. Will parents by able to pass their clunker credit to their children?

6. What paperwork will qualify as proof of continuous insurance and registration?

7. Will consumers get any part of the cash that dealers will receive from the salvage yard?

8. Will dealers be taxed for the CARS government credit as income?

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