For the most part, cash for clunkers is being touted as a huge success. When it was launched on July 29/2009 it quickly burned through the original $1 billion dollars that was set aside for the program and was quickly refunded with another infusion of cash. Whether you believe that the cash for clunkers program is a success or not, here are 3 pitfalls that you need to avoid if you decide to take advantage of the program.
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