Kelley Blue Book Launches Cash for Clunkers Calculator
Kelley Blue Book has launched a Cash for Clunkers Calculator on its website. The calculator helps consumers determine if their current vehicle might be eligible for up to $4,500 toward the purchase of a more fuel-efficient new car.
Kbb.com provides a simple, interactive Cash for Clunkers Calculator to help consumers determine whether they may be eligible for a credit under the Car Allowance Rebate System (CARS), the official government name of the Cash for Clunkers program. The calculator helps consumers evaluate vehicles with model years between 1989 and 2009 based on make, model, condition, and mileage. The age of the vehicle, its fuel economy and the fuel efficiency rating of the new car are key factors to determine whether the vehicle qualifies for a 'Cash for Clunkers' credit toward the purchase of a new vehicle.
There has been some criticism of the program because it only runs through November 1. The CARS program will also end if it runs out of money before November 1st. $1 billion has been allocated for the program, which is enough for 250,000 consumers to use.
Kelley Blue Book has launched a 
