We’re right in the middle of summer and it seems that everybody’s just about ready to put on their sun blocks and head out for a vacation. But before doing so, you might one want to hear about this interesting new promotion by General Motors:

The 72-Hour Sale.

While this sale doesn’t exactly translate into GM cars being offered at slashed prices at discount bins, it does allow prospective – and well-qualified - buyers to be offered a low-rate financing of 0 percent for up to 72 months on a number of 2009 and 2010 cars, including the Chevrolet Silverado, the GMC Sierra, GMC Yukon XL SUVs, the Chevrolet Impala, and a slew of Pontiac models including the Vibe, the G3, the G5, the G6, and the G8. Other GM models also have their own reduced rates of financing of 0 percent for up to 60 months – also for well-qualified buyers. For more information on this once-in-a-lifetime program, including a full list of current offers, conditions, and eligible vehicles, prospective buyers can log on to http://www.gm.com/shop/currentoffers/

Continued after the jump.

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.