Following the announcement that President Obama signed the newly enacted Consumer Assistance to Recycle and Save (CARS) program, three Acura luxury vehicle models are expected to qualify for government credit vouchers under the stimulus program. The CARS program, also known as "Cash for Clunkers," is a government subsidy that encourages drivers to purchase a new, more fuel-efficient vehicle to replace an older, less fuel-efficient vehicle.
Under the CARS program, government vouchers will be issued to participating dealers for $3,500 or $4,500 (the amount depends on the difference in fuel economy between the older vehicle replaced versus the new model purchased) for new vehicles purchased by qualifying customers. Acura vehicles likely to qualify for government vouchers are the 2009-2010 TSX four-cylinder sports sedan, the turbocharged RDX crossover SUV, and certain models of the 2010 MDX luxury sport utility vehicle that will become available later this year.
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