LAFAYETTE, Ind. (WLFI) - Update: It looks as though the program will be extended at leastthrough this weekend. Votes today in Washington will decide ifadditional funding will be allocated to the program.
It looks like the brakes are being put on the Cash for ClunkersProgram.
The internet was flooded with rumors Thursday that thegovernment ran out of money for the program.
But Bob Rohrman group general manager Tony Eichholz said itlooks like it's just being temporarily suspended as of midnightThursday.
But the rumor that cash for clunkers could be kaput sent clunkerowners in droves to some dealerships.
"The salesman told me that only a few days left he thought weshould do it fairly soon if I was planning on using the cash forclunkers bill," said Bob Watts
Watts drove all the way from Morocco to trade in his clunker fora new car. He had been thinking about getting a new car because ofthe $4,500 incentive. When he heard the program could be ending,that was all he needed to seal the deal.
Eichholz said Thursday was the busiest day yet for hisdealership as people grew concerned the funding was running out. Hesaid the government doesn't want to fall behind in keeping track ofthe money.
"They're not ending but they're gonna suspend it for the timebeing and I believe probably let them get caught up as far as thefunding," said Eichholz.
By Midnight Thursday night the program will temporarilysuspended. But Eichholz said his dealership is still going to filepaperwork for prospective buyers.
"We're gonna get all their information. We're gonna be ready forwhen the green light happens again to process their information,"he said.
Eichholz said he thinks the government will eventually enlargeand extend the program because of it's success.
He also said Bob Rohrman has sold between 35 and 50 cars becauseof this deal. In this week alone at his dealership at least 15cars.
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