Quote Originally Posted by Xtreme
I thought you had to have the car in your name for a year? (Trade in). Probably not, I heard it from someone. I wish I still had my truck.
You're right, you have to provide proof that the vehicle has been registered and insured for at least one year. So its not like you can go out and buy a $500 beater just to qualify for the trade-in.

Edit: the program also has a cap of $4500, meaning that if the vehicle's blue book value is more than $4500 they won't take it. So if you owe more than that on the vehicle in question its probably no dice.