Interesting. I wonder if BMW will participate. For SUVs, you get $3500 if your new SUV gets 2 MPG better than the old and $4500 if it's 5 MPG better. Couldn't you theoretically just go buy a 1979 Suburban for $500, turn around and get the rebate on a new car ? Hmmm.

Senate passes 'cash for clunkers' program - Yahoo! Finance