Here are the program details, as outlined in the bill approved this week by the House and Senate.
Eligible new vehicles:
Purchased between July 1 and November 1, 2009
Cars must have combined highway and city fuel economy of at least 22 mpg.
Small light trucks must have combined fuel economy of at least 18 mpg.
Large light trucks must have combined fuel economy of at least 15 mpg.
Must have suggested retail price of $45,000 or less
Trade-ins:
Must be in drivable condition
Must have been continuously insured and registered to their owners for at least one year
Must be less than 25 years old
Must have combined fuel economy of 18 mpg or less
Must be turned in for scrappage
For a $4,500 voucher:
New cars must beat the trade-ins combined highway and city fuel economy by at least 10 mpg.
New small light trucks must improve on the trade-ins combined fuel economy by at least 5 mpg.
New large light trucks must beat the same-class trade-ins combined fuel economy by at least 2 mpg.
For a $3,500 voucher:
New cars must improve on the trade-ins combined fuel economy by at least 4 mpg.
New small light trucks must beat the trade-ins combined fuel economy by at least 2 mpg.
New large light trucks must improve on same-class trade-ins combined fuel economy by at least 1 mpg, or they must replace a larger-class light truck from model year 2001 or earlier.
The largest light trucks qualify if their trade-ins are the same size or larger and from model year 2001 or earlier.
Please email Hutch Pine, Program Co-Ordinator for Victoria Nissan with any questions you have at hpine@victorianissan.com