The 'Cash for Clunkers' program has come to an end. Secretary of Transportation, Ray LaHood says that between 700,000 and 800,000 cars have been sold throughout the country.
The 'Car Allowance Rebate System' (or 'CARS', the real name for the program), has been apparently wildly successful, in spite of some problems dealers are having getting reimbursed from the fed. More than 625,000 vouchers have been submitted for nearly $3 billion of federal money to get gas guzzling cars off the street, traded in for fuel efficient new models.
The fun us over. But wait a minute!
If you live in Texas there's still hope! If you are single, make $30,000 (if you have a family add another $10,000 per family member), have missed the 'Cash for Clunkers' deadline, there's still a program for you. Has been since 2007.
Air Check Texas is a program that provides working class people with up to $3500 to apply to a purchase of a new car. In fact the car doesn't have to be brand new - it can be up to three years old. You can find more information here.
And for those of you who managed to take advantage of BOTH programs...good for you! Proceed quickly to the head of the class!