NADA Asks for Cash for Clunkers Extension
Auto Dealers across the US are working overtime to submit paperwork to the federal government to get rebate money for their clients prior to the new deadline of Monday night this coming week. Computer issues are delaying some of the processing leading to the extension requests.
The National Automotive Dealers Association is now hoping that applications received up and until August 31st will be accepted by the government for cars traded in prior to the August 24th 8 pm deadline. The president has promised that every dealership that takes in a Cash for Clunkers automobile will be credited for the trade. Some dealers have ended the program early themselves as government reimbursement has been slow.