Cars.com Launches Consumer Guide to Cash for Clunkers Law
June 26 2009 - 10:48AM
PR Newswire (US)
CHICAGO, June 26 /PRNewswire/ -- With the Cash for Clunkers bill
having been signed into law, Cars.com has launched a guide to help
consumers understand how they can take advantage of the new
legislation and get a credit for trading in their old car and
upgrading to a new, fuel-efficient model. "Cars.com has all the
information shoppers need to determine how they can best take
advantage of the Cash for Clunkers bill when making a new-car
purchase," Cars.com Editor in Chief Patrick Olsen said. "We've
outlined the rules and regulations and provided a number of
scenarios to help shoppers through the process. "Say your 1999 Ford
Crown Victoria gets a combined 18 mpg. You have your eye on a new
2009 Ford Taurus, but it only gets 21 mpg, according to EPA
ratings. You aren't eligible for a credit, because if you're buying
a new car (not SUV, truck or minivan), it must get at least 22
mpg," Olsen said. "However, if you opt for the 2010 Ford Fusion
with a four-cylinder engine instead, you'll get a combined 25 mpg
and a $3,500 credit. If you want a $4,500 credit but want to stick
with Ford, you could get a manual 2009 Ford Focus (28 mpg combined)
or a 2009 Ford Escape (24 mpg) or Escape Hybrid with either
four-wheel drive (28 mpg) or front-wheel drive (32 mpg)." In
addition to information about the new Cash for Clunkers law,
Cars.com can help shoppers navigate their new-car-purchasing
process with tools that make it easy to identify vehicles that meet
their needs. Shoppers can take advantage of the site's Vehicle
Recommender, expert and consumer reviews, and new-car inventory
search to find the right car and a dealer who has it. Features such
as Best Gas Mileage by Vehicle Class make it easy to identify
fuel-efficient cars, trucks and SUVs that are ideal for shoppers
looking to take advantage of Cash for Clunkers. For more
information, a list of rules and regulations, and scenarios showing
how Cash for Clunkers might affect consumers, visit
http://www.cars.com/. About Cars.com Cars.com is the leading
destination for online car shoppers, offering credible,
easy-to-understand information from consumers and experts to help
buyers formulate opinions on what to buy, where to buy and how much
to pay for a car. With comprehensive pricing information,
side-by-side comparison tools, photo galleries, videos, unbiased
editorial content and a large selection of new- and used-car
inventory, Cars.com puts millions of car buyers in control of their
shopping process with the information they need to make confident
buying decisions. Launched in June 1998, Cars.com is a division of
Classified Ventures, LLC, which is owned by leading media
companies, including Belo (NYSE:BLC), Gannett Co., Inc. (NYSE:GCI),
The McClatchy Company (NYSE:MNI), Tribune Company and The
Washington Post Company (NYSE:WPO). DATASOURCE: Cars.com CONTACT:
CONTACT: Jackie Brennan, Associate Public Relations Manager,
+1-312-601-6229, mobile, +1-219-577-6106, , or Steve Nolan, Public
Relations Manager, +1-312-601-5163, mobile, +1-630-310-2468, , both
of Cars.com Web Site: http://www.cars.com/
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