Friday, June 26, 2009

Obama signed Cash for Clunkers bill

President Barack Obama signed into law the Department of Transportation "Cash for Clunkers" bill on June 24. His signature kicks off a 30-day period in which the Transportation Department will prepare regulations for the program. The National Automobile Dealers Association is advising dealers to wait until the rules are out late next month before participating.

Bernardi Honda will participate in the program as soon as adequate information is available to ensure rebate commitments to customers can be guaranteed by Bernardi.

The timing of the program's implementation will ensure customers receive the best deal on a new Honda car, minivan, truck, or SUV since it will overlap with American Honda's Model Year End Clearance when maximum discounts are offered to customers.

Additional information on the Cash for Clunkers program can be found at http://fueleconomy.gov/feg/cars.shtml

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