In addition to the already released rules, some additional details have been posted by NHTSA at the www.cars.gov web site:
- Only one voucher per customer. You can't trade in 2 cars for 2 vouchers for 1 new car.
- Leases may be purchased with the voucher, however, the least must be for at least 5 years.
- Dealers can not charge extra fees such as administrative fees for the CARS program.
- Customers may have to pay sales taxes on the voucher amount, depending on state law.
- The CARS voucher is on top of other incentives from the manufacturer (dealers can't keep the manufacturer incentives back)
- The CARS voucher is in addition to other government programs, such as the hybrid vehicle credit.
