TOP 100 RACING SITES
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| Incredible Deals Possible With Clunkers Bill One proposed Clunker bill, introduced by Rep. Betty Sutton (D-OH) would result in some sensational deals on new cars if some version of the bill gets passed in Congress.This is a bill that would use tax-payer dollars to add to new-car incentives. The idea is to give people money to buy new cars, stimulate the economy and get older cars with poor emissions performance off the road.Edmunds.com gave me MSRPs and current incentives on five vehicles that would easily qualify for the federal incentives under the Sutton bill; though I caution that there is committee work being done on the bills in Congress that may not come out as generous as Sutton’s. This is back-of-the-envelope. But it’s pretty close. And it assumes that the car companies would keep up their levels of incentives, though some may be backed off if the government steps in.The Chevy Malibu: MSRP is $25,510. GM already has incentives taking it down to $20,510. The four cylinder Malibu would qualify for a $5,000 added incentive, while the six-cylinder would qualify for a $4,000 rebate. Take an additional $300 off for the sales tax credit. Final price: $14,700 for a Malibu.Ford Focus: MSRP is $18,466. Ford’s incentives take it down to $15,200. The Focus would qualify for a $5,000 federal rebate. Sales tax savings would be around $225.00. Final price: about $10,000.Honda Civic: MSRP is $20,589. Honda’s incentives take it down to $18,417. Add the Federal rebate of $5,000 and the tax credit worth about $275. Final price: About $13,000.Dodge Ram: The Sutton bill calls for commercial trucks to be bought as long as a nine-year-old or older truck is scrapped. No fuel economy provision for businesses. MSRP on the RAM 1500 Edmunds cites is $39,010. Chrysler’s incentives already take it down to $27,973. The federal rebate would be $5,000, and the tax credit is worth about $400. Final price: $22,500 for a pretty loaded truck.Toyota Camry: MSRP is $25,037. Toyota already discounts it to $21,338. Add a $5,000 federal rebate for the four-cylinder, or $4,000 for the six cylinder. Tax credit savings is about $300. Final price: About $16,000 for the four cylinder Camry. rss.businessweek.com |
Vettel takes pole for F1's Turkish GP Red Bull's Sebastian Vettel edged Formula One championship leader Jenson Button in qualifying to take the pole position for Sunday's ... rssfeeds.usatoday.com |
Briscoe shades Wilson for IndyCar pole at Mid-Ohio IndyCar points leader Ryan Briscoe captured the pole Saturday for the Honda Indy 200 at Mid-Ohio. Briscoe turned in a lap of ... rssfeeds.usatoday.com |
Stoner snatches pole from Rossi Casey Stoner clinched pole position for Sunday's Australian MotoGP then revealed he had been battling ill-health since last year. foxsports.com.au |
Ben Spies dives right into MotoGP opportunity at season finale Fresh off of last week's World Superbike Championship, Ben Spies will make his MotoGP debut with this weekend's season finale ... rssfeeds.usatoday.com |