Cash for Clunkers Likely to be Extended Until September

Many dealers have been hesitant to continue the program since they're the ones responsible for collecting the rebates from the government. They don't want to be left with thousands of dollars in unpaid vouchers.
The House already approved an additional $2 Billion to continue the program, and all that's needed now is Senate approval which we believe will pass by the end of the week.
In the meantime, you may want to hold off trading in your car until after the Senate approves the additional funds. Although unlikely, they may insist on certain changes to the program which could come back to bite you if you do a deal now.
Whatever you do, do not write the dealer a check for the rebate amount in case the voucher doesn't go through. You could end up losing the rebate that way. Just wait and make sure the Senate approves the additional funds before proceeding with the program. It's very likely they will do so.
With the additional $2 Billion in funds, the program is expected to last until Labor Day.

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author

Latest Weekly Car Buying Tips
September 2023
- Best Bang for Your Buck Lease Deals Sep 21, 2023
- Top 100 Cheapest New Cars for 2023 Sep 21, 2023
- Cars With the Largest Rebates Sep 21, 2023
- Real Prices of Compact Cars Sep 21, 2023
- Best 0% Finance Deals September 2023 Sep 14, 2023
- Best Electric, Hybrid Lease Deals Sep 14, 2023
- Biggest Price Drops on New Cars Sep 14, 2023
- Real Prices of Large SUVs Sep 14, 2023
- Biggest Discounts on New Cars Sep 07, 2023
- New Cars with the Most Available Inventory Sep 07, 2023
- Real Prices of New Compact SUVs Sep 07, 2023
- New Cars You Should Wait to Buy Sep 07, 2023
August 2023
- The Best Labor Day 2023 Car Deals Aug 31, 2023
- Best Car Deals by Category Aug 31, 2023
- Which Cars Better to Lease or Buy Aug 31, 2023
- Real Prices of Pickup Trucks Aug 31, 2023
- Worst Cars to Lease Right Now Aug 24, 2023
- Best Car Deals Around the Country Aug 24, 2023
- Real Prices of Midsize SUVs Aug 24, 2023
- Review of CoPilot Car Shopping App Aug 24, 2023
- Top 100 Cheapest Lease Deals Aug 17, 2023
- Price Comparison of Subcompact SUVs Aug 17, 2023
- Real Prices of Midsize Cars Aug 03, 2023