List of vehicles eligible for Cash for Clunkers rebate :Edmunds.com

By @ibtimes on

The Edmunds.com provides list of vehicles eligible for Cash for Clunkers rebate. The “Cash for Clunkers” program was enacted by the U.S. House of Representatives on June 24. And it is likely to be made into law by the end of the summer.

If you can get more than $4,500 for your vehicle, you're better off selling it or trading it in without taking advantage of the Cash for Clunkers rebate,stated Edmunds.com Editor In Chief Karl Brauer, who addresses this topic on his blog, Karl on Cars.

Edmunds.com has compiled a list of clunkers whose owners would benefit from pursuing the rebate. Here are some examples of eligible vehicles:

 Year         Model                   Combined EPA miles      True Market Value
                                                per gallon rating               Trade-In Price
1996      Honda Passport                15                                   $1,227
1997      Lincoln Continental           18                                   $1,179
1998     Chevrolet Silverado           14                                   $3,378
1995     Audi A6                              18                                   $1,261
1996     Toyota Land Cruiser         13                                   $4,042

For more information on Cash for Clunkers and other industry news, please
visit http://www.edmunds.com/industry-car-news/.

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