Friday, June 26, 2009

Nicks Car Tips # 21 Clunkers and Mileage Kings

Hello!

It's been a very exciting time for those who are interested in moving to more fuel efficient and environmentally friendly cars.

· The "Cash for Clunkers" program has passed to become law now as the Car Allowance Rebate System (CARS).

· And we've just received an update from Lexus about the EPA gas mileage for the new Lexus HS250h hybrid.


The CARS program means that if you have a car that is less than 25 years old, has a combined EPA rating of 18 miles per gallon or less, is in driveable condition, and has been continuously registered and insured to the same owner the full year before trading it in, your car may be eligible for a credit of 3500 or more to help with your purchase of a new vehicle. You can learn more about it by going to the official program website at http://www.cars.gov/.

There are a few things to know about the program. Most importantly, the law was just passed, and the NTHSA is just now starting to put the systems and processes in place to make it work. It will be some time before it's ready to use. If you are interested in learning more as we get more details, let me know, and I can keep you up to date with the lastest developments.

If you are considering a new car purchase, you may want to explore with us whether we can do something for you now with the car as a trade that will make it worth getting the car you want even before the CARS program is available.

And now, this just in:
The following EPA information for the MY10 HS 250h will be posted on the HS250 Monroney Labels (window stickers). This is a sneak peak that hasn't even been released to the press yet. And we've been told that people who have been driving the prototypes have reported even better mileage than what is shown below.

35 MPG Combined
35 MPG City
34 MPG Highway

Please keep in mind that:
• 35 MPG City is 85% better than average Near Luxury car
• 35 MPG Combined is 59% better than average Near Luxury car
• HS is the best luxury vehicle in terms of MPG

And one last inside secret for today. If you're going to be in the Bay Area and are interested in the new HS250h, please save the date of July 28th in the evening for a special sneak preview of the car. You're welcome to let me know if you're interested, and I'll forward you the venue information as we receive it.


Best wishes for safe driving!