Clunker Calculators on the web make it easy for consumers to determine how much money the government

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 26, 2009 --

NEW YORK, NY - The government Cash for Clunkers program (C.A.R.S.) stimulated the economy long before the first vehicle was sold. “Manufacturers, Dealers and Automotive Marketing companies have spent millions to maximize this historic opportunity that is being funded by Uncle Sam,” said Sharon O’Connell from www.CashForClunkersInformation.org. “Big budgets have been activated to implement campaigns, build websites and create applications to woe rebate recipients.” Online consumer information sites are being flooded with visitors who want to know how the program works. “Consumers are going online to figure out the program before contacting their local dealer,” said Brian Benstock from www.ParagonCars.com, the top certified Honda dealer in the nation.

As a result, one of the most popular applications on the internet is the “Clunker Calculator”, which makes the complicated rules easy for consumers to understand. After 3 clicks of a mouse consumers learn if their current vehicle is eligible and for how much. Websites like kbb.com, AutoTrader.com and www.CashForClunkersInformation.org have Clunker Calculators on their websites. “We have had over a hundred thousand consumers visit the site and use the Clunker Calculator. It is the most popular tool online because it gives consumers a shortcut without reading the 137 page rule book,” said Sharon O’Connell from www.CashForClunkersInformation.org.

The Clunker Calculators provide some interesting statistics. “Based on all the calculations made, more of the vehicles with a lower selling price qualify for the larger rebate because they have better mpg ratings on average,” said O’Connell. “The majority of vehicles that qualify for the $4500 rebate are less expensive than the vehicles that qualify for the $3500 rebate,” said O’Connell. “As a result, the best deals are the less expensive vehicles that cost between $10,000-$18,000. The rare exceptions are with hybrids that may cost more but also get more miles to the gallon and thus qualify for the $4500 but they are not the most popular sellers due to their higher price points. However, some more expensive vehicles that only qualify for the $3500 government rebate have larger rebates from the manufacturer that are worth more than the $1,000 difference. Also, most of the clunker trade-ins that qualify for the $4500 are domestic trucks or SUV’s”

To use the calculator consumers can visit websites like www.CashForClunkersInformation.org where they start by entering the year, make and model of their current vehicle. After the calculator confirms their current vehicle is eligible, consumers can select the new vehicle they want and the calculator will let them know whether the vehicle qualifies for $3500 or $4500. Both www.Kbb.com and www.CashForClunkersInformation.org also have multi-media tutorials that help guide consumers through the process of getting a new vehicle with the government funded credits.

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