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The federal government does not usually create programs that work as well as the CARS program did. It was originally scheduled to last until November 1, but so many people were taking advantage of the vouchers that the program actually ran out of money within five days of going into effect. But that does not mean you cannot turn your clunker in for new VW cars right now.
On Friday, the House approved an extra $2 billion to keep the “cash for clunkers” program going. It was going to be suspended while the feds reviewed options, but the overwhelming demand and the benefits the program is providing for automakers, dealers and buyers caused legislators to keep it going.
“Thanks to quick bipartisan responses, we’re doing everything possible to continue this program and to help consumers and the auto industry contribute to our recovery,” President Obama said following the vote in the House. He went on to say that the program worked “well beyond our expectations” and dealers are experiencing a huge surge in sales as a result of the vouchers.
Senator Carl Levin of Michigan had this to say about the program and its popularity: “We don’t know how long it will last so people should go to their car dealers now if they want to take advantage of the program.”
Heed these words and go out this weekend to check the eligible VW cars. You never know when an opportunity like this is going to come along again!
