Nemer Volkswagen

"Volkswagen of America supports this historic decision of the United States Government to enact the Cash for Clunkers program." said Stefan Jacoby, President/CEO, Volkswagen of America. "The fact that Volkswagen has long been known for producing fun-to-drive, fuel efficient vehicles, combined with our eight Top Safety Pick rated vehicles by the IIHS, should put Volkswagen on any new car buyers shopping list." added Jacoby.

Eligible new vehicles:
- Cars must have combined highway and city fuel economy of at least 22 mpg.
- Small light trucks must have combined fuel economy of at least 18 mpg.
- Large light trucks must have combined fuel economy of at least 15 mpg.
- Must have suggested retail price of $45,000 or less

Trade-ins:
- Must be in "drivable condition"
- Must have been continuously insured and registered to their owners for at least one year
- Must be less than 25 years old
- Must have combined fuel economy of 18 mpg or less
- Must be turned in for scrappage

For a $4,500 voucher:
- New cars must beat the trade-ins' combined highway and city fuel economy by at least 10 mpg.
- New small light trucks must improve on the trade-ins' combined fuel economy by at least 5 mpg.
- New large light trucks must beat the same-class trade-ins' combined fuel economy by at least 2 mpg.

For a $3,500 voucher:
- New cars must improve on the trade-ins' combined fuel economy by at least 4 mpg.
- New small light trucks must beat the trade-ins' combined fuel economy by at least 2 mpg.
- New large light trucks must improve on same-class trade-ins' combined fuel economy by at least 1 mpg, or they must replace a larger-class light truck from model year 2001 or earlier.
- The largest light trucks qualify if their trade-ins are the same size or larger and from model year 2001 or earlier.

Within 30 days of enactment, the government will publish a Web site that includes guidelines for determining eligible trade-ins, details on participation and a list of new vehicles that meet program requirements.

Other rules:
- One voucher per person, and one voucher per trade-in for vehicles with multiple registered owners.
- Qualifying leases must be at least 5 years long.
- Vouchers may be combined with other federal, state or local incentives or vouchers.
- Vouchers may not offset rebates or discounts offered by dealers or automakers.
- Vouchers do not count as income for tax or government assistance purposes.
- Dealers may not charge any additional fees to customers who use the vouchers.
- Dealers must tell customers the true scrappage value of trade-ins.
- Those to whom dealers give the trade-ins for scrappage may sell any of the vehicles' parts, other than the engine blocks and combined drive trains.
- Dealers may keep $50 of anything they receive for scrapping the vehicle to help with program administration.