It is unfortunate for many to hear that the cash for clunkers program has seen its end only after four days of its beginning. The program was supposed to go on till November 1st or till the drying up of funds, which has eventually now lead to the termination of the program. Although it is sad that it has come to an end so quickly, its clearly seen that the program was successful and many have been benefited.
Although it appears as though embroidered to help consumers, the program was aimed for the advantage of car dealers. It is true that a short term success was achieved, however nothing can be decided till the car firms release their profit report.
The good news is that, this program might be renewed soon with additional benefits, if the government feels its worth spending. Lets hope for the best and await the arrival of CARS.
