The hugely successful "Cash for Clunkers" program will be terminated at 8pm on Monday, August 24. The government made the announcement on Thursday.

Dealers are predicting a rush to showrooms over the weekend, as customers seek to trade in their clunkers for a $3,500 to $4,5000 government rebate on a newer, more fuel-efficient model.

While dealers may see a rush this weekend, they do not need to worry that the rebate money will run out. Transportation Secretary Ray LaHood promised that dealers will get their front money: "They're gonna get paid; we have the money to provide for them," he said.

The Transportation Department has projected that there "is enough money to continue accepting submissions until the Monday deadline."