Is there a current “cash for clunkers” program in effect?
I took part in the first one, and I’m pretty sure the second one is long since over. But, a girl at work told me yesterday that she has applied for this program.
I’m wondering if she is being misinformed or misled by an auto dealer.
The Federal program ended August 2009.
It could be this is some kind of dealer promotion, but Uncle Sam used all the money that was made available for this subsidy.
The original program expired. There is probably some dealer promoting his own version. A new vehicle is a big enough and complicated enough purchase that dollars can be moved around to various categories. This is what dealers always do. They could offer a person an extra $3,000 for a vehicle worth nothing and make it back with the financing or optional equipment.