If you’re interested in finding out if your car is one of the cash for clunkers qualified cars, then here are some essential information:

Cash for clunkers qualified cars should be drivable. Oh were you surprised? Are you about to trade in your non-drivable car? Too bad.

Your vehicle can be one of the cash for clunkers qualified cars if it is was made in the last 25 years and if you have insured your car for at least one year prior to the date of the trade in. If you have a passenger car, it should have at least 22 MPG fuel economy. MPG stands for Miles Per Gallon. If you own a larger vehicle such as trucks or SUV’s, it should have at least 18 MPG for it to become a cash for clunkers qualified car.

For the cash for clunkers vouchers, $3500 and $4500 vouchers are available. The $1 billion limit initially set by the government was already consumed. But no need to worry, because the United States Congress has decided to add $2 billion as an answer to the quick and unprecedented response of the people.

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