The “Carolina Clunkers” program has been wildly successful in stimulating the local economy so the participating dealerships have been given the authorization to extend the program into February. The original program was slated to come to an end January 29, 2011, but will be continued for a short time.
Under the NEW “Cash for Clunkers Carolina” or “Carolina Clunkers” (program, consumers will get paid as much as $4,500 more than your current vehicle is worth towards any nicer, newer vehicle from a participating new car dealer when they trade in their old vehicle and purchase or lease a nicer, newer qualifying vehicle.
In order to be eligible for the program, the trade-in passenger vehicle must be in drivable condition. Transactions must be made between Jan 29, 2011 and when the funding runs out for the program (currently scheduled to be February 26, 2011). This is a limited time sale promotion.
FUNDING FOR THE PROGRAM
The CASH FOR CLUNKERS CAROLINA or CAROLINA CLUNKERS (CARS) program is a privately funded program that helps consumers buy or lease a nicer, newer vehicle from a participating dealer when they trade in a “clunker” car or truck. The program is designed to energize the economy, boost auto sales and put safer vehicles on North Carolina roadways. No local, state or federal tax dollars are being used to fund CASH.
ELIGIBILITY FOR CAROLINA CLUNKERS PROGRAM
Any drivable vehicle is eligible regardless of the age, mileage or condition. Both domestic and imported vehicles are eligible for the program.
HOW IT WORKS
Consumers bring their vehicles, title, proof of registration and proof of insurance to the dealership. Consumers will get paid as much as $4,500 more than your current vehicle is worth towards any nicer, newer vehicle from a participating car dealer when they trade in their old vehicle and purchase or lease a nicer, newer qualifying vehicle if all program requirements are met.
The dealers are not reimbursed by any other government program or taxpayer-supported program. The vehicles traded in under the CASH program will be disposed of at the selling dealer’s discretion.
HOW TO FIND A PARTICIPATING DEALER
The CASH FOR CAROLINAS CLUNKERS website (https://www.carolinaclunkers.com/) went live on December 27, 2010 and have a list of participating dealers. Or you can visit confirmed dealer Frank Myers Auto Maxx at 4200 North Patterson Avenue in Winston Salem, NC 27105. (336) 767-3432. For more information, read the official press release: https://www.prlog.org/11259012-carolina-clunkers-program-extended-by-north-carolina-used-car-dealers.html