The bill, as I read it, requires that you have owned the car for at least a year, and that the car be registered and insured in the last year.
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Originally Posted by Christ
So go buy a $200 beater from your local craigslist... it's not the end of the world. Chances are, you can sell that truck to some redneck for $500, make $300 profit after your clunker buying adventure, and still get the $4500 subsidy.
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