Congress to reintroduce cash-for-clunkers bill
Ohio Congresswoman Betty Sutton has introduced a new bill to provide a voucher of up to $5,000 in exchange for your clunker. To be eligible for the voucher, car buyers would have to purchase a new vehicle that is more fuel efficient than the car or truck it replaces. The trade-in also needs to be at least eight years old, while the replacement vehicle needs to sticker for less than $35,000.
The bill will include purchases of both foreign and domestic autos, but there is an incentive to buy vehicles assembled in North America. If the bill passes, foreign-made vehicles will receive a voucher of $4,000, while North American-made vehicles will be eligible for the entire $5,000.
Sutton is hailing her bill as a win for all, saying the legislation will “help consumers, stimulate our economy, improve our environment, reduce our dependence on foreign oil, and help our domestic auto and related industries.”
Of course, what I’d like to buy isn’t offered in the United States. Maybe in Mexico or Canada? But, someone would be bound to fink on me if I crossed back over the border with one.
I’d consider a mid-size pickup to replace Ruff Boy. But, only if I could get one with a nice little turbo-diesel.