After almost running out of money earlier this month, then getting an infusion of funds from Congress, the government's wildly popular cash-for-clunkers program will end at 8 p.m. August 24, according to the U..S. Department of Transportation.
That doesn't mean you have until the clock runs out to take advantage of the program, officially known as the Car Allowance Rebate System. That 8 p.m. Monday deadline applies to dealers, who must submit their paperwork to the government by then to get reimbursed. Some dealers already have stopped participating.
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