Tuesday, June 16, 2009

Cash for Clunkers: Eligible Used Cars List Under $3,500

As Congress debates cash-for-clunkers legislation, we reviewed our data to determine what worn out old cars make the most sense to junk and what qualifying cars we think would make better replacements—featured in another post.

The used cars we’ve listed are the newest vehicles likely to be available for less than $3,500, the minimum voucher value. For this to be worthwhile to the consumer, the vehicle’s trade-in value would need to be less than the voucher. Older versions of these vehicles are likely to be worth less, making the vouchers even more appealing. Many of the models have mechanical twins sold by another brand that may qualify, but we have not listed them here.

Keep in mind that spending money on a new car can buy you more than just improved fuel economy. A new car will have a warranty to cover repairs. And a decade (or more) of improvement in safety and reliability.

The past 10 years have brought big gains in safety engineering and technology, including better structure to cushion the impact while maintaining the integrity of the occupant space and safety features such as front-side and curtain air bags and electronic stability control (ESC). In particular, many older SUVs have a higher inherent risk of rollover than newer car-based designs with ESC.

In addition to casting the spotlight on eligible clunkers, we will soon present a list of Consumer Reports recommended vehicles that could serve as a replacement. To see a complete list of Consumer Reports recommended models check out our ratings, available to online subscribers.

Make Model Older than model year EPA combined mpg Category
Cadillac DeVille 1994 17 Car
Cadillac Eldorado 1994 17 Car
Cadillac Seville 1993 17 Car
Jaguar XJ6 1996 18 Car
Lincoln Continental 1999 18 Car
Lincoln LS V8 2001 17 Car
Lincoln Town Car 1996 18 Car
Mercury Grand Marquis 1998 18 Car
Oldsmobile Aurora 1998 18 Car
Pontiac Firebird 1992 18 Car
Chevrolet Astro 2000 16 Truck
Chevrolet Blazer 2dr 4WD 1995 16 Truck
Chevrolet Blazer 4dr 4WD 1999 16 Truck
Chevrolet S10 4WD 1997 16 Truck
Chevrolet Silverado 4WD 1998 16 Truck
Dodge Dakota 2001 14 Truck
Dodge Durango 1998 13 Truck
Dodge Ram 4WD 1994 12 Truck
Dodge Grand Caravan 2000 18 Truck
Ford Aerostar 1996 17 Truck
Ford F150 V8 4WD 1995 14 Truck
Ford Expedition 4WD 2000 17 Truck
Ford Explorer 4WD 1999 15 Truck
Ford Windstar 2001 18 Truck
Isuzu Rodeo 4WD 1996 15 Truck
Jeep Grand Cherokee V8 1997 14 Truck
Jeep Wrangler 1995 16 Truck
Kia Sedona 2002 16 Truck
Mitsubishi Montero Sport 4WD 2001 17 Truck
Nissan Pathfinder 1998 15 Truck
Nissan Quest 1999 18 Truck
Toyota 4Runner 4WD 1992 13 Truck

(Via consumerreports.org.)

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