A big deal “Cash for Clunker” is going to finish on 24th August!

A deal of 2$ billion for clunkers which was started in the beginning of this month and run successfully. It has made a positive impact on the sales of useless vehicles. Now, this program will be finished right before the end of this month. The US trade-in program “cash for clunkers” will stop accepting applications on Aug. 24, bringing to a close an effort that helped revive auto sales and drew the ire of dealers for slow repayments.

The deadline of this program will set time frame for the car dealers and buyers to complete purchases and apply for rebates from the remainder of the $3 billion provided by Congress, Dealers complained about the difficulties which they are facing in their businesses while awaiting program payments. The last time of the application submission of this program will be 8:00 pm; Applications for rebates won’t be accepted after 8:00 pm, New York time on Aug. 24.

Now, it seems to be the end of this useful program and this program will help a lot to those business owners who are disappointed with their business  and struck due to these financial crisis but now they have chance to lift their business. There are some famous companies who lost their sales badly but now they can it lift again and one of the famous car company GM lost their sales but with this program they may maintain their sales and business because the government’s initiative may give GM its best sales this year in August. The industry’s new-vehicle retail sales in the US will top 1 million in August for the first time in the past 12 months.

Watch the video “Cash for Clunker Deals Could Break Down”

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