Cash For Clunkers on Shine

Cash for refrigerators? I'm in.

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The Cash for Clunkers programs has ended, and there will be somewhere between 700,000 and 800,000 new vehicles on the road because of it, and the same number of older, presumably gaz-guzzling models off of them.The program has been deemed a success, though car dealers are still waiting for their reimbursements from the government ($3,500 or $4,500 for each car). They are crossing their fingers that a very finicky computer system will actually be working today, the deadline for submitting the (13-page!) applications for each cash-for-clunker exchange.

Tempting as this program was, we didn't really pursue whether our 100,000-plus-mile van qualified, knowing we would still save more in the end if we get a few more years out of our trusty family steed. But, oh, how my heart skipped a beat when I read about a simillar $300 million program to encourage we sluggish, skeptical consumers to buy energy-efficient appliances.

"Cash for Clunkers" is so popular it's running out of money

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Just as soon as the government's "Cash-for-Clunkers" program started, it nearly stopped. But it seems it may restart, since the House speedily voted to fund an additional $2 billion for the popular program. Clearly, it did what it was supposed to do -- inspire people to buy cars and jump-start a struggling U.S. auto industry. All eyes are on the Senate to see if it will concur with the House on the additional spending to keep the program going.

"Cash-for-clunkers" program aims to drive up car sales

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Driving a clunker? Or at least an older-model, gas-inefficient vehicle? Congress has approved a "cash-for-clunkers" program, designed to get fuel-hungry cars off the road, and--more to the point--get more people into car dealerships to buy new cars.

If your vehicle qualifies, it could mean a $3,500 or $4,500 voucher toward the purchase of a new, more fuel-efficient vehicle.

The program will run until Oct. 1, or until a $1 billion limit in vouchers is reached. Here's how it works: