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.
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