How the 'clunker' program works
To qualify for the $3,500 federal rebate, consumers must:
Purchase or lease a new passenger car that averages at least 22 mpg as estimated by the EPA and averages at least 4 mpg more than the clunker being given up for scrap.
Or. Purchase or lease a light truck such as a compact or midsize SUV, minivan or compact pickup truck that averages at least 18 mpg and gets at least 2 mpg more...
