The Associated Press has learned that the government Cash for Clunkers program will end Monday, August 24 at 8pm Eastern. This comes only 2 weeks after $2 billion more was added to the clunkers program.
If you are planning on trading in your clunker for a new car, do it quick. The Cash for Clunkers program ended once, and it is believed unlikely that congress will find more money to keep the program running.
Here is the break-down of the Cash for Clunkers rules:
- Your trade-in vehicle must be less than 25 years old
- Only purchase or lease of new vehicles qualify Read the rest of this entry »