This may depend on how the extension is overriding the controller but here goes. You need to add in your module's config.xml file, this as a child of the <config> node.
<frontend> <routers> <checkout> <args> <modules> <Your_ModuleNameHere before="Community_ModuleNameHere">Your_ModuleNameHere</Your_ModuleNameHere> </modules> </args> </checkout> </routers> </frontend> If the community module overrides the cart controller in the same way as described above then it works. If it uses the 'old method' with <from> and <to> tags then it won't work.
(and I have no idea on how to override that).
[EDIT]
Make sure that your controller is also named CartController and it's located in Namespace/Module/controllers/CartController.php. Also you might want to make your local module depend on the community module but I don't think this is mandatory. Also make your controller class extend the community module controller.