Thursday, December 20, 2012

What To Do With That Clunker

How many times have we all been there?  You get a new car, but the old car is not really worth selling.  We get a clunker... one with a tremendous amount of metal around it... for our new teenage drivers.  They are decent cars... but inexpensive to insure and register due to their salvage title... or low value.  When we reach the time to get rid of it, it really isn't worth selling... but there are other things you can do.

We have had one weighed for it's scrap metal and since these cars tend to be built like tanks (the Mom in me insists they are protected in every way possible when they drive) and this makes them heavy.  There are places that will purchase them just for the scrap metal.  They literally weigh the car and pay you a set price per pound.

A better way to get rid of a car is donation.  What is of very little value to you... can be of great value to a variety of organization.  It is a great thing to donate cars for vets.  There are several organizations that take used, broken down cars.  They come and pick it up.  At cars for vets 100% of the money goes to veterans.  You avoid the hassle of expensive repairs, or trying to place an ad and sell the car.  And to top it off... you can take the highest resale price and use it as a tax deduction.

A simple thing... that can mean so much.



This is a sponsored post however, all the points and views are my own.

1 comment:

  1. I definitely agree that donating your junk car to charity is a great idea. I recently donated my old '89 Lexus RX to a non profit organization called https://www.onlinecardonation.org, which is an IRS 501(c)3 certified organization. They donate the proceeds to other people that need assistance. It was really easy - they took care of the towing and all the processing, and I received a tax deduction for the full sales price of the car. I highly recommend them. Visit their website here: https://www.onlinecardonation.org

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