(UPDATED 8/22/2009) 

We're sorry but the CARS Program has ended.

(UPDATED 8/15/2009) Information taken from cars.gov

(UPDATED 7/30/2009) Information taken from cars.gov

THE BASICS

What is the Car Allowance Rebate System?
The CAR Allowance Rebate System (CARS) is a $1 billion government program that helps consumers buy or lease a more environmentally-friendly vehicle from a participating dealer when they trade in a less fuel-efficient car or truck. The program is designed to energize the economy; boost auto sales and put safer, cleaner and more fuel-efficient vehicles on the nation's roadways. Consumers will be able to take advantage of this program and receive a $3,500 or $4,500discount from the car dealer (Burlington Hyundai) when they trade in their old vehicle and purchase or lease a new one.

To determine if your current vehicle qualifies for the Cash For Clunkers program, contact Burlington Hyundai at 802.865.4414 or visit cars.gov

Fund Balance Remaining for CARS
($854M Estimated funds remaining for all vehicles except for CAT3 Trucks. Last updated 7/28/2009 at 9am EST)
The CARS Program will run between July 1, 2009 andNovember 1, 2009 or when authorized funds are no longer available. The estimated funds remaining can be found on the cars.gov website.

Consumer Bill of Rights 

• Qualified consumers may participate in the CARS Program between July 1, 2009 and November 1, 2009 or when authorized funds are no longer available. 
• Qualified consumers will receive a credit of $3,500 or $4,500 for an eligible trade-in toward the purchase of lease of an approved vehicle under CARS Program. 
• Qualified consumers will receive the $3,500 or $4,500 credit at the time the purchase their new vehicle. 
• Dealers must provide consumers with any other advertised rebates or discounts in addition to the credit they receive through the CARS Program. 
• Consumers should expect to conduct their deals at their dealership of choice, not on the Internet. 
• Consumers should expect the dealers to provide their best estimate of the scrap value fortheir eligible trade-in vehicle. Dealers are allowed to deduct $50 from this value for their administrative costs. 
• Consumers should expect that all information collected through the CARS Program will be kept confidential. Social Security numbers are not required for a CARS transaction.

THE CASH FOR CLUNKERS PROGRAM IN 5 EASY STEPS

1. Have Current Information on the Program
2. Determine if your Vehicle Qualifies
3. Prepare What you Need to Bring to the Dealer
4. Certify that You Are Eligable for the Program
5. Drive Away and Enjoy Your New Hyundai, While We Take Care of the Rest

1) Have Current Information on the Program

Current Program Highlights (updated 7/30/09) / Complete Info Can be Found at www.cars.gov

• Participating new car dealers will apply the credit at the time of your purchase or lease.
• Credit can be applied towards the purchase a new vehicle
• Credit can be applied towards a new vehicle lease (provided period of lease is at least five years)
• Sorry, this program is not valid for used vehicles.
• The manufacturer's suggested retail price cannot exceed $45,000
• The law requires your trade-in vehicle to be destroyed. Therefore, the value you negotiate with the dealer for your trade-in vehicle is not likely to exceed its scrap value.
• All trade-in vehicles will be scrapped, therefore no trade-in value beyond the program allotment of $3,500 or $4,500 will be given
  
• Program runs through November 1, 2009, or until program funds are exhausted

2) Determine if your Vehicle Qualifies

There are several requirements (but you also have to meet certain conditions for the car or truck you wish to buy). Please contact us at Burlington Hyundai if you need help to determine whether you have an eligible trade in vehicle.

 

Trade-in Vehicle Requirements:

• Your trade-in vehicle must have been manufactured less than 25 years before the date you trade it in
• Your trade-in vehicle must have a "new" combined city/highway fuel economy of 18 miles per gallon or less
• Your trade-in vehicle must be in drivable condition
• Your trade-in has been continuously insured for the last year.
• Your trade-in is titled in your name and has been for the last year.
• You have not previously participated in the CARS program. The trade-in is in drivable condition. of a category 3 vehicle, must also have been manufactured not later than model year 2001

Note that work trucks (i.e., very large pickup trucks and cargo vans) have different requirements.

You may find the gas mileage ratings of your vehicle using this tool from the EPA: (hint: Click "Compare" to see the combined fuel economy rating)*Not all cars will qualify.

3) Prepare What you Need to Bring to the Dealer

Please come prepared to Burlington Hyundai with the following documents:

• 1 Year Proof of Insurance. If your insurance card does not cover the entire year preceding the trade in, you will need other proof of insurance. Contact your insurance company to get evidence of 1 year worth of insurance. The form must include, at a minimum, the insurance company, policy number, VIN, start and end date of insurance (showing at least 1 year).
  
• Proof of Registration going back at least 1 year.
  
• "Clear" title. This means the title must be free of any liens or other encumbrances. If you have liens, you need to get these cleared before going to the dealer. This may include evidence on the face of the title showing no lien; that the title has been cleared (signed and stamped accordingly), or with an attached lien release from the lien holder. 
• The vehicle manufacturer date found on the driver's door or door jamb is less than 25 years old when you trade it in.

If you do not have any of the above items in your possession, you may do the following:

• Call your insurance company and have them provide evidence of 1 year's worth of insurance on the trade-in vehicle. Make sure it includes the minimum requirements noted above.
• Contact your DMV for copies of prior registration certificates to show proof of ownership of the trade-in vehicle for at least the past year. The name on the registration must be the same as the name on the title and the same as the purchaser of the new vehicle.
• Clear your title by paying-off any loans outstanding and receive either a newly issued title from the DMV that is free of all liens and other encumbrances, or have the lien release document from the lien holder (signed and stamped accordingly), or your title signed and stamped accordingly (showing it is clear)

4) Visit Burlington Hyundai to Choose Your New Vehicle

Click here to view our new vehicle inventory.

5) Once You Are at the Dealer You Will be Asked to Certify to the Following 

• The trade-in is in drivable condition.  
• You are the registered owner, and have been for the least the last year.  
• The trade-in has been continuously insured for the last year.  
• The trade-in is titled in your name and has been for the last year.  
• You have not previously participated in the CARS program.

6) Drive Away and Enjoy Your New Hyundai, While We Take Care of the Rest!

• When you buy or lease a new vehicle, the dealer handles the submission of all required information to NHTSA.
• NHTSA ensures that your purchase meets the requirements.
• About 10 days later, NHTSA will issue a financial credit to the dealer-assuming all program requirements have been met.