Clunker program has new cars flying off the lots

WASHINGTON — More time and money for the government’s cash-for-clunkers program is expected to keep the crowds visiting automobile showrooms as summer winds down.

Lawmakers last week approved another $2 billion to encourage Americans to trade in their old gas guzzlers. The program aims to help automakers and spur the economy while removing the least fuel-efficient vehicles from the road.

Through late Tuesday, more than $775 million of the original $1 billion had been spent, accounting for the sale of nearly 185,000 new vehicles. Administration officials estimate the new money will last into Labor Day and could prompt another 500,000 vehicle sales.

Under the program, passenger car owners are eligible for a voucher worth $3,500 if they trade in a drivable vehicle that got a combined city/highway mileage of 18 miles per gallon or less when it was new for a new car getting at least 22 mpg.

Vouchers of $4,500 are available for owners who trade in a passenger car that got 18 mpg or less combined for a model that gets at least 28 mpg.

Owners of old SUVs, pickups and vans can take advantage of similar benefits.

Dealers ensure the traded-in vehicles are crushed and shredded.