Update 1: Cash for Clunkers Expected to Start July 27
Update #1 July-24-2009 10:27 PDT:
The government website that lists details on the Car Allowance Rebate System (informally known as Cash for Clunkers) has been updated this morning. While the site used to say the program would start “around July 24,” it now says the program will start July 27, or Monday.
The CARS site also includes updated rules to determine which category a truck should fall under. A “Category 2 truck” is now considered to be a pickup truck with a wheelbase longer than 115 inches that weighs less than 8,500 pounds. So as not to classify long-wheelbase midsize/compact pickups (extended and crew cab configurations) as Category 2 trucks, only the manufacturer's shortest wheelbase is used to determine the classification.
If all of this sounds confusing, according to NHTSA spokesperson José Uclés, "the ultimate arbiter [who determines what CARS category your pickup truck falls under] will be the actual dealer."
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Got an old pickup truck parked in your driveway that needs to be replaced? The U.S. federal government's Car Allowance Rebate System stimulus plan, also known as Cash for Clunkers, is expected to kick off Friday, July 24 Monday, July 27. It's expected to work like this for truck owners.
If you own an old light-duty truck, such as a 2000 Chevrolet S-10, you can qualify for a $3,500 voucher if the new light-duty truck that replaces it has a combined fuel economy rating of at least 18 mpg and gets at least 2 mpg higher than the old truck. If the mileage of the new truck is at least 5 mpg higher, the voucher will be $4,500. The old truck has to be a 1984 model or newer.
If you own an old large light-duty truck, such as a 2000 Ford F-150, you can qualify for a $3,500 voucher if the new large light-duty truck that replaces it has a combined rating of at least 15 mpg and gets at least 1 mpg higher than the old truck. If the mileage of the new truck is at least 2 mpg higher, the voucher will be $4,500. The old truck has to be a 1984 model or newer.
If you own a 2001-model-year work truck or older, such as a 2000 Dodge Ram 3500, you can qualify for a $3,500 voucher for a new work truck or trade down to a large light-duty truck. There's no mileage requirement on these trucks because the EPA doesn't require fuel-economy ratings on heavy-duty pickups.
All trucks have to be drivable and must have been continuously insured and registered to the same owner for at least one year.
You don't need a voucher for the vehicle you're scrapping; dealers will apply a credit at purchase.
We're here to help! You can start researching your new truck with our complete Pickup Truck Buying Guide.

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