22.Jul.2009 Cash for Clunkers Program: It’s Launched!

Cash for ClunkersFinally, finally, finally – we have all been talking about the Cash for Clunkers forever now it seems and on Monday, the 27th, it was launched to all of the dealerships.  Now – if you are like me, you were probably wondering exactly how it did on the very first day and it actually hit about 4,000 sales on the very first day!  People have been waiting for a program just like this one to come along for years and finally, the Cash for Clunkers is here. 

The program has already 20,564 certified clunkers dealerships which gives eligible customers plenty of places for them to cash in on this federal program.  Of course – that is assuming that the EPA is not going to switch out the eligibility in the 11th hour.  The vehicles that were sold on Monday alone truly do represent about $17 million in rebates, which will leave about $933 million in program funding available.

Cash for Clunkers is a great program and personally – I think that everyone should truly be taking advantage of it while it is here.

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