FOR IMMEDIATE RELEASE
Edmunds.com Uncovers EPA Combined Mileage "Refresh" as Consumers Begin to Cash Their Clunker
SANTA MONICA, Calif. — July 27, 2009 — As if Cash for Clunkers wasn't complicated enough, Edmunds.com has learned that the qualifications are a moving target. The EPA confirmed with Edmunds.com that last Friday the agency "refreshed" its combined mileage ratings for older vehicles and that the new data often gives potential trade-ins a higher mileage rating.
Edmunds.com learned of these changes over the weekend from consumers who had checked that their trade's mileage rating qualified for the program up until Thursday. When shopping for a new vehicle for new vehicle over the weekend, they learned they no longer qualified.
"It's unfortunate that consumers who had been researching and planning to trade-in their vehicle with the new Cash for Clunkers program are now left in the dust," said Karl Brauer, editor in chief at Edmunds.com.
Edmunds.com is currently reviewing the more than 32,000 vehicle potentially effected to determine the extent of the changes.
1993 Camry Wagon V6 original rating: 18 MPG; "Refreshed" rating 19 MPG (example: http://townhall-talk.edmunds.com/WebX?14@@.f1db290/393)
1992 SAAB 900S Auto original rating: 18 MPG; "Refreshed" rating 19 MPG (example: http://townhall-talk.edmunds.com/direct/view/.f1db290/404#MSG404)
1988 Toyota 4Runner: original rating: 18MPG; "Refreshed" rating 19 MPG (example: http://townhall-talk.edmunds.com/direct/view/.f1db290/522#MSG522)
For more information on Cash for Clunkers, please visit http://www.edmunds.com/cash-for-clunkers/. Lively discussions about Cash for Clunkers are talking place on Edmunds' CarSpace.com message boards at http://townhall-talk.edmunds.com/direct/view/.f1db290.
About Edmunds.com, Inc.
Edmunds.com, Inc. publishes four Web sites that empower, engage and educate automotive consumers and enthusiasts.
Edmunds.com, the premier online resource for automotive consumer information, launched in 1995 as the first automotive information Web site. Its most popular feature, the Edmunds.com True Market Value® , is relied upon by millions of people seeking current transaction prices for new and used vehicles. Edmunds.com was named "Best Car Research Site" by Forbes ASAP, has been selected by consumers as the "Most Useful Web Site" according to every J.D. Power and Associates New Autoshopper.com Study(SM), was ranked first in the Survey of Car-Shopping Web Sites by The Wall Street Journal and was rated "#1" in Keynote's study of third-party automotive Web sites. Inside Line launched in January 2005 and is the most-read automotive enthusiast Web site. CarSpace launched in February 2006 and is an automotive social networking Web site and home to the oldest and most established automotive community. AutoObserver.com launched in 2007 and provides insightful automotive industry commentary and analysis. Edmunds Inc. is headquartered in Santa Monica, California, and maintains a satellite office in suburban Detroit.