Local car dealerships cash in from Cash for Clunkers

Posted by Debra Worley - email

WILMINGTON, NC (WECT) - Now that the national Cash for Clunkers program has ended, some local dealerships are cashing in.

Employees at Parkway Hyundai off Market Street in Wilmington said they've received about $100,000 from the federal program.

Thanks to the stimulus money, the dealership was able to nearly double the number of cars on their lot.

The Cash for Clunkers program was intended to boost the economy by allowing people with older model cars to trade them in and get a deal on a more fuel-efficient vehicle.

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