Universal Ramblings

The cash-for-clunkers bill passed the Senate 91-5 and is on its way to President Obama for his signature. It will offer cash vouches worth as much as $4,500 to consumers who trade in their old cars for new, more fuel-efficient models.

Q: Does the Cash for Clunkers bill apply to used car purchases?

A: Currently, the language of the proposed bill is only for new car purchases.