1998 Toyota 4Runner
Combined MPG: 17
Trade-in value: $2,200
Verdict: Crush it
Ordinarily, people don't think of Toyota when they think of gas guzzlers. But Toyota has actually made quite a number of vehicles that, by their fuel economy, would qualify for the program. The problem is, Toyotas hold their value too well.For instance, a 2001 Toyota 4Runner, even a two-wheel-drive model, gets just 17 mpg in combined city and highway driving. But, even in less-than-great condition, it's worth about as much as the $4,500 credit, anyway.
All that being said, if you've got a 1998 model with about 150,000 miles on it, taking a Cash for Clunkers deal really does make sense. By this time, you've pretty much driven the value out of your 4Runner.
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