Audi Jumps on the Clunkers Bandwagon

SEE ALSO:Cash For Clunkers Consumer Guide-Qualifying Vehicles

Washington DC August 7, 2009; The AIADA newsletter reported that with sales skyrocketing in July to almost pre-crash levels for many carmakers – and beyond for a few – it's no surprise that Audi's joining the fray today with its own $1,000 incentive on top of the federally-funded CARS program for its qualifying models.

According to MotorAuthority, the discount applies to no fewer than 18 2008 and 2009 model year cars. 2010 models are still being considered for the program, however, so if you're yearning for a newly upgraded Audi A5 2.0T, you may want to hold on for a few more weeks. Once the EPA certifies their fuel efficiency ratings, they too may be eligible.

For those interested in an A3, A4, A4 Avant, A4 Cabrio, TT Coupe or Roadster, a Q5 or many of their quattro variants, however, the bargain is a go.

Click here for a list of which Audi models qualify for the incentive. Other incentives offered for these models right now include a special 60-month APR and improved lease terms. The $1,000 incentive ends August 31, and though it may be extended, rampant demand may also shut the program down early as inventory levels fall.