New York SBDC Research Network

"What was once known colloquially as Cash for Clunkers has been given the official government name of CARS – Car Allowance Rebate System . As soon as President Obama signed the bill, scammers were already thinking up ways to take advantage of the system. Here’s an explanation of how the new law works and how you can take advantage of it legally." Also From the official website - primary color, not shockingly, is green. While the CARS Act makes transactions on and after July 1 potentially eligible for credits under the CARS program, interested dealers and consumers may want to wait until all of the detailed issues that must be addressed in the implementing regulations are resolved and the final rule is issued. Issuance will occur around July 23. Important Things to Know *Your vehicle must be less than 25 years old on the trade-in date *Only purchase or lease of new vehicles qualify *Generally, trade-in vehicles must get 18 or less MPG (some very large pick-up trucks and cargo

Women buy stuff. And marketers are paying attention. With increasing incomes and more purchasing power within the family, even traditionally male dominated fields are re-examining their approach to female buyers. Just how? Check out this New York Times article from October 2006 . A variety of online resources are popping up to assist the female consumer. Here are two mentioned in the above article: AskPatty.com http://askpatty.com/ According to this site, “Women purchase half of the vehicles sold in the United States each year, spending billions of dollars a year in new car purchases. Yet, shopping for and buying a car can be a challenge for women who are first time car buyers or for women who had a bad experience in the past with a car salesman or dealership. The Ask Patty.com, Inc. web site is a safe place for women to get advice on car purchases, maintenance and other automotive related topics.” BeJane.com http://www.bejane.com The NYT article cites a study from the National Associ