Are you financially ready to participate in Clean TRIP?
Answer the commonly asked financial questions listed below to prior to applying for the Clean TRIP program. You do not need to supply this information to Clean Trip staff.
- Have you had a bankruptcy within the last four years?
- Do you have a foreclosure or lien in your recent financial history?
- Do you have an open federal tax lien?
- Do you have a prior repossession?
- Is your credit score below 600?
- Do you consistently pay bills late?
Answering yes to any of these questions may impact your chance of financing the remaining balance of the replacement truck, but that decision is determined by the financing institutions.
Enrolling in the program will take considerable time and effort. Expect to dedicate two to three hours to the application process, including communications with Clean TRIP staff. Once program eligibility has been confirmed and a certificate for replacement issued, please expect an additional four to six hours to complete the truck replacement process.
Once your Clean TRIP application is approved, obtaining a loan for the remaining balance of the new truck will also involve hours of your time. Approval of financing is solely the decision of financial institutions and is generally based upon your credit report and credit score. A credit report is a record of your credit history. Other factors may be reviewed by the financial institution before financing is approved.
The rebate check will be cut to the dealer. They will need to provide the following information on the Dealer Rebate Information Form.
- Dealer contact name
- Phone number