WASHINGTON (AP) - As car shoppers head into the final weekend of the Cash for Clunkers program, a couple of car companies are offering cash advances for dealers.
The Obama administration has announced the popular promotion will end Monday night after burning through about $3 billion in just a month.
The rebate money has been fronted by dealers, and many of them have complained of slow reimbursements from the government.
Now, both Chrysler and General Motors say they will start making cash advances to help dealers with their cash flow.
The automakers are offering the advances for up to 30 days.
They say the extra money will be available as long as the program remains in effect.
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