The highly successful “Cash for Clunkers” program will end Monday, according to Transportation Secretary Ray LaHood. Part of the overall stimulus package, this program offered up to $4500 in rebates to car buyers who traded in certain older vehicles with poor fuel economy. “Cash for Clunkers” was designed to have a twofold effect, both reducing [...]

After much positioning and worry, Congress has passed legislation that pours another $2 billion dollars into what President Obama is calling the most successful stimulus project to date. The “cash for clunkers” program lures people to trade in their older vehicles for new, energy efficient ones by offering them up to $4500 in federal subsidies.

The [...]

Do you have an older model vehicle and in the market for a new fuel efficient model? Is your car on its last legs, and you do not want to deal with expensive repairs? Then the recent program instituted by the U.S. Government, Cash for Clunkers, may be the right program for you. The government’s [...]