In the trucking industry, new truck sales have plummeted dramatically in the past two years. It’s as bad as the auto industry; it’s actually a little worse. The new Car Allowance Reimbursement System (CARS) was established to help the automotive industry; where people who had had an old (junk) car that had bad gas mileage for over a year could trade it in and get a $4500 rebate on their new car.
This was enacted by Congress as part of the economic stimulus to help get the auto industry running again while getting people to buy cars that get better gas mileage. The state of California, along with many other states, has enacted rules on trucking companies and companies that own trucking fleets to try to get them to buy more fuel-efficient vehicles that emit less pollution. The Department of Transportation and the auto subsidy reimbursement system also provides work trucks.
The DOE website states that; “Any heavy-duty truck that is traded in for a pickup or full-size pickup can get a $3,500 rebate, regardless of fuel consumption, but the work truck must be a 2001 or earlier model year vehicle. That same restriction applies to work trucks that are traded in for new work trucks, but such trade-ins can only earn the $3,500 rebate if the new work truck is the same size or smaller than the old work truck. The law only allows $75 million for rebates on work truck trade-ins, but that would still allow trade-ins on over 21,400 work trucks.”
Small businesses that own trucks or full-size vans can also start replacing their fleets and get $4,500 back whenever they buy vehicles that get 15 miles per gallon or higher. This could help put more people to work at truck manufacturing facilities across the United States, as companies see if they can save money by investing in new, more fuel-efficient fleets.
This way they earn in two different ways; First, they win by saving money on the purchase price by receiving a rebate of $3,500 to $4,500 per vehicle, plus, they end up with more fuel-efficient vehicles, which will save them a lot of money on their deliveries and therefore Thus, you will reduce your operating costs. . Please consider all this.