Quote:
Originally Posted by HRBS
not to mention they are killing a car that gets 17 mpg, then giving $4500 towards one that gets 18mpg. AM I MISSING SOMETHING ?
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"The value of the credit for the purchase or lease of a new passenger car depends upon the difference between the combined fuel economy of the vehicle that is traded in and that of the new vehicle that is purchased or leased. If the new vehicle has a combined fuel economy that is at least 4, but less than 10, miles per gallon higher than the traded-in vehicle, the credit is $3,500. If the new vehicle has a combined fuel economy value that is at least 10 miles per gallon higher than the traded-in vehicle, the credit is $4,500."