Are You Still Paying Your Own Bills?

Written by David Frum on Wednesday May 6, 2009

If so - you must be getting pretty lonely by now ....

Congress is about to pass a bill to offer up to $4, 500 to people who trade in old cars, reports the NYTimes.

Under the plan, consumers can turn in cars or light-duty trucks that get less than 18 miles a gallon. If they buy cars that have “window sticker” mileage ratings of at least four miles a gallon more than their old cars, they will receive a voucher worth $3,500. If they buy cars that get at least 10 miles a gallon more than their old car, they receive $4,500.

Category: News