The state used to pay consumers $500 to scrap a vehicle and now it’s offering $1,000. Why?
The program restarted on September 1, 2004. This year’s budget for Vehicle Retirement is smaller than in previous years, and that is why the state started with offering $500 to consumers to scrap their vehicles. However, to achieve the full potential of the emission-reduction benefits, the state is offering a higher dollar amount to encourage more motorists to retire their high-polluting vehicle.