Cash for Clunkers Comes to a Screeching Halt

The Cash for Clunkers program was introduced a few short months ago and the total amount devoted to the stimulus program was $1 million. The program was to run until November 1 or when the $1 million set aside in rebates was reached, whichever of the two came first.

As of Monday, August 24, 2009 the Cash for Clunkers program will come to a halt, so car buyers have one last weekend to get to their favorite dealership and trade-in their clunker for a brand new car--at least if you want to take advantage of the $4,500 rebate.