Cash for Clunkers: Time to Buy a New Car?

The cash for clunkers legislation was passed yesterday. It paves the way for consumers to get up to $4,500 in exchange for their older vehicles when they trade it in for new and more fuel efficient models.

I learned about this legislation from a coworker who owns a 1999 Dodge Durango, which he keeps because it has been paid up for years now. The legislation has got him thinking about buying a new vehicle – as he has complained about his beloved truck being a gas guzzler – especially when the price of gas hit all time highs not too long ago.

When I read the description of this bill, I immediately think about the newly available hybrids – after all if you’re trading in a gas guzzler, your first thought probably is which is the most fuel efficient car in the market. My friends have always said that Honda usually is the most fuel efficient of the Japanese models so I read reviews about the new Honda civic hybrid. The review was not very encouraging as the Toyota Prius seem to be more fuel efficient and there were a lot of complains about the new design of the Honda Civic Hybrid.

Now I have a truck that comfortably seats five people, but when I have family over – we usually need a bigger vehicle. Still thinking about fuel efficiency, I looked at reviews for the Honda Odyssey - Honda’s minivan. Just like our truck, the Honda Odyssey is said to handle like a sedan and has no problem with acceleration, but in terms of city driving it is not very fuel efficient – only giving 16-17 mpg. This is a bit of a disappointment for me.

Other car makers that have hybrid models out include Pontiac and if you’re not yet sold on buying a hybrid you may want to look at smaller cars like the Scion tc - which I think is great for teenagers who are just learning how to drive.

Have I convinced you to trade your old gas guzzler yet? Do it for your wallet and the environment! Take this opportunity to find a more fuel efficient vehicle for you and your loved ones. And if you want more information about the car you're looking to buy, check out The Car Connection website - I find it truly helpful!