Cash-for-clunkers deal to end Monday night, government says: - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 2 Old 08-21-2009, 09:00 AM Thread Starter
 
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Cash-for-clunkers deal to end Monday night, government says:

The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said.

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post #2 of 2 Old 08-21-2009, 09:07 AM
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Originally Posted by ModernCamaro.com News View Post
The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said.

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I have been reading locally of dealers not seeing one penny yet, the whole program has been a mess. A LI dealer is owed 200k how many times 4500 go into 3 billion ? the money sounds way off to me, but I suppose a lot was wasted trying to implement this thats the government

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