If you want to trade in that old gas guzzler and tap government incentives to replace it with a more fuel-efficient vehicle, you’re still in business through this weekend. At least that’s what White House Press Secretary Robert Gibbs is saying.
He told the Associated Press today: "If you were were planning on going to buy a car this weekend using this program, this program continues to run."
Lawmakers have mounted an effort to pump an extra $2 billion into the well-received "cash for clunkers" program.
The Associated Press reports that Democrats could vote today to provide a much-needed financial infusion for a program that’s quickly running out of dollars. The Transportation Department notified Congress Thursday that without additional help, it would need to suspend the program or risk falling short of funds.
The program offers drivers $3,500 to $4,500 for old gas-hog vehicles.
If you’ve looked into using the "cash for clunkers" program, we’d like to hear from you about your experience. What has the process been like? And did you get a decent deal? Let us know.
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