1. What happens when the cash runs out ?
The program ends or the gov't authorizes more I guess
2. What happens when people default on the new loans for these cars?
I don't know. Did they not learn anything from the mortages?
At least the dealer wasn't trying to get my to buy a car out of my league unlike the last time I bought a house!
I heard that there was a $75 billion program to help those people who overextended themselves on the mortages.
USMCFLYR