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Cash for Clunkers program nears finish

August 23, 2009 12:00:00 AM PDT
If you've been waiting to cash in on the Cash for Clunkers program, you only have until Monday night to do it.Some dealers have already stopped making the deal because they want to have their paperwork done in time.

At Galpin Ford in North Hills, they're still signing the deals and are confident the government will give them the cash.

"The timing is right," said Galpin Ford General Sales Manager Terry Miller. "The ending is coming. I think as long as we have all our I's dotted and T's crossed, we'll get the money. It's just a little slower moving than we had hoped."

More than 489,000 cars have been sold since the Cash for Clunkers program started.

There is some concern that once the program is over, dealers will have a dry spell because many recent car buyers only bought cars because of the government rebates.

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