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1. What happens when the cash runs out ?
The program ends or the gov't authorizes more I guess 1. What happens when the cash runs out ?
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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?2. What happens when people default on the new loans for these cars?
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