Posts Tagged car buy

The New Legistration About Automotive Parts

In the effort to help the auto industry and the environment, President Obama may have created a concern about automotive parts and junk yards. The current economy has hit the auto industry rather hard. Car sales have plummeted, especially new car sales. And over the past several years, we have all watched fuel prices rise to unbelievable heights.

As a solution the Obama administration has started a program that will offer $4500 credit to car buyers that buy a more fuel efficient vehicle then the one that they currently own. But what happens to the old car once the buyer has left the lot with their new automobile? The car dealer has to destroy the car prior to selling it to a junk yard.

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