Pickup Trucks and the Cash for Clunkers Bill - PickupTrucks.com
Cash for Clunkers splits trucks into three categories: light-duty trucks, large light-duty trucks and work trucks. The categories are based on the U. S. Department of Transportation's truck classification system, which is based on a truck's gross vehicle weight rating (dry curb weight plus passengers, fuel and payload). Owners can qualify for a $3,500 voucher if the new light-duty truck they're buying has a combined fuel economy rating of at least 18 mpg, and if that mileage is at least 2 mpg higher than their old truck. If the mileage of the new truck or SUV is at least 5 mpg higher, the voucher will be $4,500. The old truck has to be a 1984 model or newer. Owners can qualify for a $3,500 voucher if the new large light-duty truck they're buying has a combined rating of at least 15 mpg, and if that mileage is at least 1 mpg higher than their old truck. If the mileage of the new truck or SUV is at least 2 mpg higher, the voucher will be $4,500. The old truck has to be a 1984 model or newer. Owners can qualify for a $3,500 voucher for a new work truck or trade down to a large light-duty truck from any 2001-model-year or older work truck. Source: news.pickuptrucks.com
