The Car Pundits have become like Financial Pundits. KBB(Kelly Blue Book), the bible of Used Car Prices has a WRONG CALCULATOR that uses incorrect data to find eligibility of cars.
Please Verify yourself after which you will not trust KBB any more than Lehman Brothers or Bear Stearns.
(a) http://www.kbb.com/kbb/cash-for-clunkers/default.aspx
Put the value 1994 Infiniti J30 as the value.
The calculator shows that the combined Fuel Economy is 20MPG.
(b) http://www.fueleconomy.gov/feg/sbs.htm
Use the above site to find the fuel Economy of same car.
The combined comes out to 18MPG which means this car is eligible.
(c) Go to the CARS site and see answer for question below:
http://www.cars.gov/index.php/faq#question-05
How do I know if my car or truck is an eligible trade-in vehicle?
There are several requirements (but you also have to meet certain conditions for the car or truck you wish to buy). Your dealer can help you determine whether you have an eligible trade in vehicle.
Your trade-in vehicle must
- have been manufactured less than 25 years before the date you trade it in
- have a "new" combined city/highway fuel economy of 18 miles per gallon or less
- be in drivable condition
- be continuously insured and registered to the same owner for the full year preceding the trade-in
- The trade-in vehicle must have been manufactured not earlier than 25 years before the date of trade in and, in the case of a category 3 vehicle, must also have been manufactured not later than model year 2001
KBB is using OLD combined city/highway fuel economy chart and is WRONG.
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