In addition to the 72-Hour Sale, GM is also announcing its participation in the government’s Cash for Clunkers program that will kick off later on this month. According to the Detroit-based manufacturer, as soon as the Federal Car Allowance Rebate System –or, as its more popularly know these days, the ‘Cash for Clunkers’ program - goes into effect later this month, prospective buyers can choose from as many as 74 different models that qualify in the government’s new trade-in program.
If anybody still isn’t familiar with the Cash for Clunkers program, it’s pretty easy to understand. All you have to do is trade-in their old vehicles for a newer, shinier, and more fuel-efficient model. As part of the CARS program, customers who trade-in their clunkers will be given vouchers that are worth from $3,500 to $4,500 cash from the CARS program. If you have a car that qualifies under the category of ‘scrap’, you can bring it to your local dealer and the dealer does the rest. For more information regarding the CARS program, you can visit your local GM dealerships or you can log on to http://www.cars.gov.
With two exciting new programs set to further jumpstart what is quickly becoming a busy summer season, General Motors is hoping to turn this July into a car-buying frenzy.