Could you get a $2500.00 voucher for that clunker or old bike you have in the shed for a new motorcycle?  Seems, yes you can IF Senator Bob Casey (D-PA) has his way with a new bill he’s introduced.  Casey has introduced S. 1248, the Green Transportation Efficiency Act of 2009, aka the Green TEA bill. The Casey bill would provide a $2500 voucher (when trading in an older car or bike) to purchase a brand new motorcycle from a participating, registered dealership.

The Motorcycle Riders Foundation took note that the President recently signed the Car Allowance Rebate System bill, also known as CARS, or by its former moniker, “cash for clunkers.” This law provides individual Americans with vouchers up to $4500 toward the purchase of a new automobile when trading in an older, less efficient vehicle.  

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This entry was posted on Sunday, July 5th, 2009 at 11:10 pm and is filed under General Motorcycle Industry News, Misc General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.