Consumers Cautioned about Cash for Clunkers Scams

By: The Associated Press
By: The Associated Press

Congressional officials are warning car owners to beware of scams playing off the Cash for Clunkers program.

They say some fraudulent Web sites ask consumers for personal information to register. But registering is not necessary for Cash for Clunkers. That paperwork is taken care of at the dealership when you go to buy or lease a new car.

The Cash for Clunkers program gives consumers up to $4,500 in federal subsidies if they trade in their cars for new, more energy-efficient models. The cars must meet certain criteria for owners to qualify.

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  • by jwhenry Location: california on Aug 11, 2009 at 09:48 PM
    I beleive this new legislation is a big win for consumers who is ready to buy a new car with fuel efficient models Henry Blogger
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