OdoClub Blog » cash

Maserati BiTurbo Gets Clunkered

Chris — Sun, 16 Aug 2009 19:00:13 +0000

The owner of a pristine 1985 Maserati BiTurbo has traded the Italian classic in as a clunker for the Cash for Clunkers program. The car — which is in pristine physical condition and only has 18,480 miles — was traded in at Go Subaru in Golden, Colorado

Wes Guthrie, a salesperson at Go Subaru, said everyone was surprised when the Maserati owner wanted to trade it in a clunker.

“I was like, ‘Wow, that’s a cool car,’” Guthrie said.

More here.

Wherever you drive — even if it’s a final trip to Go Subaru in Golden, Colorado to trade in a classic automobile as a clunker — you can earn points that can be redeemed for goods and services at a participating auto dealership if you’re an OdoClub member.

Join OdoClub today at www.odoclub.com to start earning rewards. It’s Free. It’s Easy. It’s Rewarding.

- OdoClub, It Pays to Drive

Consumers Are Trading Clunkers for Fuel Efficient Vehicles

Chris — Fri, 07 Aug 2009 06:00:59 +0000

Consumers are trading clunkers, mainly gas guzzling trucks and SUVS, for smaller more fuel efficient cars at a higher than usual rate. The current top trade in in the ‘Cash for Clunkers’ program (CARS Program) is the Ford Explorer. The Toyota Corolla is the top selling car. But the ‘Clunker’ program may be generating more non-clunker sales. Ford has had a strong showing in new car sales with its Focus and Escape, which helped the car maker show its first profit in two years.

OdoClub, the industry’s first personal road miles rewards program, can save you money whether you are in the market to purchase a vehicle or continue driving your current one. OdoClub is completely free to the consumer. Members are rewarded for the miles they already drive, and points can be redeemed at participating dealerships for discounts on that next car or for goods and services.

If there is no OdoDealership in your area, we have you covered with a Virtual Dealership program. Members of OdoClub’s virtual program earn points for every mile they drive, too. And when a dealership in their area joins the program, all points will automatically be transferred.

As an added bonus, if you drive a fuel efficient vehicle, dealerships are encouraged to offer even higher rewards.

All of this is provided at no cost to consumers. The program is funded through dealer participation. Join OdoClub today: It’s Free. It’s Easy. It’s Rewarding.

- OdoClub, It Pays to Drive

“Cash for Clunkers” Program Re-booted

Chris — Fri, 31 Jul 2009 17:33:57 +0000

Almost undone by its own success, the government’s “cash for clunkers” program was almost out of money when the House passed legislation that contributed an addtional $2 billion to the program.

The fate of the $1 billion Car Allowance Rebate System program (its official name) was up in the air late Thursday over concerns it would run out of money before the week was over.

House members acted within hours, exploring the possibility of how to replenish the funding.

Kelley Blue Book Offers Free Online Service Outlining ‘Cash for Clunkers’ Rules

Chris — Mon, 20 Jul 2009 06:46:26 +0000

On July 24, the government’s Car Allowance Rebate System program — it’s informally referred to as “Cash for Clunkers” — begins.

To help car owners better understand the program, Irvine, Calif-based Kelley Blue Book is offering a free online service that outlines the rules for Cash for Clunkers, as well as a ‘Clunker Calculator‘ to determine if the program will help them.

Cash for Clunkers makes it possible for consumers to qualify for a $4,500 rebate on the purchase or lease of a new vehicle that get 10 miles per gallon more than a trade-in car or 5 mpg or more than a trade-in light truck.

New cars that achieve between 4 – 9 mpg more than a trade-in car, or 2 – 4 mpg more than a trade-in light truck qualify for a $3,500 incentive.

For each mile you drive — in a clunker or a brand new vehicle — you can earn points that can be redeemed for goods and services at a participating dealership if you’re an OdoClub member. Sign up today at www.odoclub.com to start earning rewards. It’s Free. It’s Easy. It’s Rewarding.

- OdoClub, It Pays to Drive

Federal Car Allowance Rebate System (“Cash for Clunkers”) Begins

Chris — Sun, 12 Jul 2009 12:00:11 +0000

The federal Car Allowance Rebate System (CARS) has begun offering up to $4,500 toward the purchase of a new car when owners of older, less fuel efficient cars trade-in their vehicles.

Although the CARS Act makes transactions on and after July 1 potentially eligible for credits under the program, dealers and consumers may want to wait until July 24 when the final rules for the cars program will be released. Congress has allocated $1 billion for the vouchers — an amount that could run out early.

To be eligible, the trade-in vehicle must get 18 miles or less per gallon, and it can’t be more than 25-years old. Trade-in vouchers range in face-value from $3,500-$4,500.

You can go to fueleconomy.gov to find out if your automobile’s gas mileage makes you eligible to participate.

A popular misconception is that the program is called “Cash for Clunkers.” It isn’t. The official name of the program is Advanced Technology Vehicles Manufacturing Incentive Program. Its official Web site is www.cars.gov (Car Allowance Rebate System).

The CARS program ends November 1, 2009, or when all funding for the program is exhausted.

To learn more about the program, go here.

OdoClub, the industry’s first personal road miles rewards program, can also help save you money by providing discounts on goods and services at participating dealerships.

For each mile you drive you will earn points that can be redeemed for goods and services at a participating dealership. Join OdoClub today at www.odoclub.com to start earning rewards. It’s Free. It’s Easy. It’s Rewarding.

- OdoClub, It Pays to Drive