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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
The Toyota Tacoma is a pickup truck manufactured by Japanese automobile manufacturer Toyota since 1995. The first-generation Tacoma (model years 1995 through 2004) was classified as a compact pickup; subsequent models are classified as mid-sized pickups. The Tacoma was Motor Trend ' s Truck of the Year for 2005.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
The price includes any battery leasing charges, and therefore, electric cars which need a battery leasing contract also are eligible for the bonus. For example, an electric car sold for €23,333 including VAT was eligible for the maximum bonus of €7000. The emission level for the maximum bonus was raised to 20 g/km or less.
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