- May 1, 2006
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- Alex
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"Eligible trade-in vehicle" means:
A) Is in drivable condition;
B) Has been continuously insured consistent with the applicable State law and registered to the same owner for a period of not less than 1 year immediately prior to such trade-in;
C) was manufactured less than 25 years before the date of the trade-in; and
D) In the case of an automobile, has a combined fuel economy value of 18 miles per gallon or less
Somebody tell me not only who actually owns a vehicle like this (an older rolls royce, cadillac - large vehicle) who would also be looking to trade this kind of vehicle in for $3500-4500 and a new higher fuel efficient car.
Tons of people. In fact, Toyota says they have over 200,000 vehicles that were recently serviced that would qualify as a "clunker". Just take a look at this qualifying vehicles list: Qualifying “Clunkers” Cash for Clunkers Information for VA