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Cash for your clunker? Here’s the key

By Renee Nadeau
Sunday, June 28, 2009 - Updated 1 year ago
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Recession-tapped drivers trying to decide whether to keep repairing their old jalopies or invest in new wheels will have some options this summer, thanks to a federal program.

The “cash for clunkers” bill - signed last week by President Obama - may make sense for many owners whose cars are worth under $4,500.

 
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How to steer old wheels to right charity:
Score a rebate by getting rid of...
Photo by John Wilcox
Score a rebate by getting rid of that clunker late model Ford Escort.

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