We took advantage of the 'Cash for Clunkers' program and darn glad we did. We were not in the market for a new vehicle and did not necessarily need one but we could not pass up this deal. We traded in an old gas guzzler van with a broken windshield, bald tires, 200,000 miles and making lots of strange noises. I beleive the old girl was on her last legs or wheels.
The new vehicle - 29 miles per gallon (average) is small, cute and practical - 3 % interest from the credit union for 2 years - seems like a bargain.
Lots of interest about this program that could be over.