Cash for Clunkers Gets $2 Billion More

Tonight, the U.S. Senate passed an extension for the popular Cash for Clunkers legislation that will allow roughly 500,000 more vehicles to be purchased under the current rules. The original expiration date of Nov. 1 still stands if the $2 billion doesn’t run out before then.

The program started to run out of money quickly after its official launch July 27; as of today, there was roughly $100 million left of the original $1 billion. The House passed the additional funding last week. If the Senate hadn’t also done so without amendment, the program would likely have wound down this weekend.

We’ll have a further update in the morning.

By David Thomas | August 6, 2009 | Comments (1)


I see the benefit of the cash for clunkers program, but i also realise the downfalls. so many potentially classic cars are being destroyed. And surely if they hitting problems already then they should realise that something isnt right!?

Post a Comment 

Please remember a few rules before posting comments:

  • If you don't want people to see your email address, simply type in the URL of your favorite website or leave the field empty.
  • Do not mention specific car dealers by name. Feel free to mention your city, state and brand.
  • Try to be civil to your fellow blog readers. This blog is not a fan or enthusiast forum, it is meant to help people during the car-buying process and during the time between purchases, so shoppers can keep a pulse on the market.
  • Stay on topic. We want to hear your opinions and thoughts, but please only comment about the specified topic in the blog post.
view posting rules

If you have a TypeKey or TypePad account, please Sign In

Search Results

KickingTires Search Results for

Search Kicking Tires

KickingTires iPhone App