"Consumers could receive $4,500 in rebates.
The U.S. House recently approved the “cash for clunkers” legislation, and consumers could receive $4,500 in rebates for trading in gas-guzzlers for newer, more fuel efficient vehicles.
The bill drew overwhelming support from automakers, local business groups and dealers who contend its passage could improve auto sales during the economic downturn.
The bill has been under negotiations for months as lawmakers attempted to find a solution that would increase car sales while providing environmental benefits. In In Europe, similar programs have boosted auto sales.
Remember, you can sign up your new car up for rewards to get discounts on accessories and services at OdoClub.com.
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