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