Cash for Clunker Program, Will it Be suspended?

Cash for Clunker Program seems to be something worth noticing. While the House have passed a bill to add $2 billion more cash for Clunker Program. This program have boost the economy and resulted in 200,000 car sales already.

This cash for clunker program enables people to eligibly refund vouchers worth between $3500 to $4500 on traded-in car. And the new vehicle traded using this cash for clunker program required to be rated 18 miles per gallon or less in city or highway ratings.

One thing to worry about this is if this cash for clunker program will be suspended, many people began questioning how long will it last. This Cash for Clunker program initially intended to help the struggling auto industry by taking your inefficient cars (clunk) and get a new car. The domestic auto sales hit by the recession almost like having a cool breeze with this cash for clunker program.

Tags: cash for clunker program, cheap car, fuel saving car, trade-in car