BY Phyllis Furman
DAILY NEWS BUSINESS WRITER
Monday, September 14th 2009
Some car dealers expect a rush at the end of the year as buyers look to take advantage of a special tax break.
The end of the Cash for Clunkers program means that government-funded aid that could make buying a car a great deal is over, right?
While Cash for Clunkers captured virtually all the attention of car shoppers, another government program aimed at stimulating the economy also offers incentives to many car buyers. And you still have plenty of time to get going.
The government’s economic stimulus package includes a provision that lets consumers deduct state and local sales and excise taxes paid on up to $49,500 of the purchase of a qualified new car, light truck, motorcycle or motor home.