The Cash for Clunkers program is now dead. There is no more money left for the program. Dealers will have until tonight to file any claims for deals made and many dealers have already stopped doing Clunker deals since last Thursday and Friday.
The controversial program offered rebates of up to $4,500 to those people who were trading in cars that had 18 MPG or less to purchase brand new cars. The original money for the program ran out quickly and additional funds were approved by Congress to extend the program.