With the success of the Cash for Clunkers Program, the House of Representatives voted to extend the program and provide an additional $2 billion. They moved other business aside to take care of this on their last day before their August recess. The vote was 316 to 109, with support from both parties. It still has to pass through the Senate which will take it up next week.

The Car Allowance Rebate System which has been an overwhelming success has helped not only new car buyers but the American automobile industry. It also was meant to improve fuel economy of vehicles on the road.

Robert Gibbs, the chief White House spokesperson, said that if you are planning on buying a vehicle, this weekend, the program would still be available.

Although anticipated to be curtailed on November 1, 2009, the unsuspected success of the Cash for Clunkers program may force the suspension after only one week. Dealers have been stacking up applications since July 1, 2009 since the program was announced and with the increase in auto sales since its effective date more than 250,000 cars have been sold. The program offers government rebates of $3,500 to $4,500 per qualifying car. The government is considering providing more funds to extend the program.