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What is the Car Allowance Rebate System (CARS)?

President Obama signed into law a program the National Highway Traffic Safety Administration (NHTSA) is calling the Car Allowance Rebate System (CARS). This is a federal program that helps you purchase a new, more fuel efficient vehicle when you trade in a less fuel efficient vehicle. This program is also known as “Cash for Clunkers”.

What is the amount of the credit?

The amount of the credit is $3,500 or $4,500, and generally depends on the type of vehicle you purchase and the difference in fuel economy between the purchased vehicle and the trade-in vehicle. Different requirements apply for work trucks.

Can I use the credit in combination with manufacturer rebates or discounts?

The CARS Act requires the dealer to use the credit under the CARS program in addition to any rebates or discounts advertised by the dealer or offered by the new vehicle's manufacturer. The dealer may not use the credit to offset these rebates and discounts.

Do I need to get a voucher or sign up for this program?

No. You do not need a voucher and you are not required to sign up or enroll in this program. Max Madsen Mitsubishi will apply a credit, reducing the price you pay at the time of your purchase or lease, provided the vehicle you buy or lease and the vehicle you trade in meet the program requirements. Then Max Madsen Mitsubishi will then obtain reimbursement from the government.

How do I know if my car or truck is an eligible trade-in vehicle?

There are several requirements (but you also have to meet certain conditions for the car or truck you wish to buy). We can help you determine whether you have an eligible trade in vehicle by answering a few questions.

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Max Madsen Mitsubishi has sold more new Mitsubishi’s than any other dealer in our 12 state region. In fact Max Madsen more than doubles the sales of our nearest competitor.
Max Madsen Mitsubishi maintains a C.S.I. rating (customer satisfaction) WELL ABOVE THE NATIONAL AVERAGE*. Actually, our sales & service departments rank at the top of the list both Regionally & Nationally. All our technicians are factory trained & A.S.E. Certified. We keep long service hours, are open on Saturdays and offer late night drop off & pick up.
Max Madsen Mitsubishi’s Parts Department is consistently included in Mitsubishi’s Parts Excellence Society. Additionally, we have the only parts manager in the nation with factory warranty certification.
Max Madsen Mitsubishi has repeatedly earned Mitsubishi Motor Sales prestigious Chapter of Excellence Award. Only the TOP 25 DEALERS NATIONWIDE are included and require top rankings in sales, service & parts.
In recognition of our business ethics and overall leadership. Max Madsen and his employee family have been appointed by Mitsubishi Motor Sales to serve on countless factory advisory boards and steering committees.
*studies conducted by J.D Powers inc.