Yes, and I heard it’s something like $4,500. Boy oh boy, that’ll go a long way towards the price of a $35,000 “greener, eco-friendly, fuel-sipping” Obamamobile
Sounds like a stealthy way to hand out the equivalent of sub-prime loans for cars, doesn’t it? Think about who would be most likely to benefit from a “clunker” trade-in. Tie that together with the manufacturers now pitching “default forgiveness” for up to six months and you can see where this is headed.