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Columns: Driving for Dollars
Terry Jackson   Expert: Terry Jackson
Driving for Dollars
Reader wonders if $3,000 offer is myth
Driving for Dollars

Government unlikely to buy old auto
 

Dear Terry,
I heard on the news about a program to "sell" cars 10 years and older to the government and get $3,000 toward a new car. Is this true or a myth? And if it's true, how do we go about it? My niece is in need of this service.
-- Renee

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Dear Renee,
I have never heard of such a program. The closest I can recall is that some areas of California once were offering tax credits for people who junked old, smog-producing cars and bought cleaner, more fuel-efficient vehicles. If you live in California, I'd check with the state Air Resources Board to see if any such programs are still available.

Here are this week's reader questions:
Will bargain gas harm your car?
Can I trade in a car after three months?
Should I sell my car to help pay for a house?
Will the government buy my old car?
Bankrate.com's corrections policy -- Posted: Jan. 4, 2008
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