Locals cash in their 'clunkers'

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Federal program offers rebate to trade in older vehicles.

By James Roberts

More than a dozen residents have swapped their gas-guzzlers for more fuel-efficient vehicles at Alex Montgomery.

A few people have even traded in vehicles worth $100 to $200 and received an instant $4,500 rebate, according to Don Shuffett, sales manager at Alex Montgomery.

The Car Allowance Rebate System, better known as Cash for Clunkers, was launched on July 27 to help consumers purchase new fuel-efficient vehicles and boost the economy at the same time.

The federal program gives buyers a $3,500 or $4,500 discount towards a new, more environmentally friendly vehicle when they trade in their old gas-guzzling cars or trucks. The amount of the credit depends on the type of vehicle purchased and the difference in fuel economy between the purchased vehicle and the trade-in vehicle.

Shuffett said he wasn't sure what to expect when the program started.

"We didn't really know how it was going to work."

For more on this story and others, see Monday's print edition.