07.31

The Cash for Clunkers program just might be suspended. Those of you looking for that $9000 BMW 335d discount will have to settle for the $4500 off your Bimmer and a $900 tax incentive. The Cash for Clunkers program, which has already unnecessarily claimed a legendary Porsche 928, has surpassed government expectations in mere days. The AP says the White House is reviewing the program after the $1 billion budget covered just a few weeks of CARS. The current backlog in transaction processing is causing this “suspension.” More news to come. [Source: Associated Press]








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