If you have an old, busted car that is just taking up space in your garage or driveway, it may seem like you have few options to get rid of it. Luckily, the right car donation foundation may be able to take that car off of your hands with practically zero hassle.
Here’s what you need to know:
Cars Are Not Always Easy To Sell
When a car is in decent shape, it’s often easy to sell it yourself and put a few dollars in your pocket. Sadly, selling a car via private sale isn’t always as easy as it seems. Even a car that’s in good shape requires some work.
To get top dollar, you’d need to clean it up, make repairs, and more just to have it ready to show. From there, you have to advertise it online, in the paper, etc., not to mention arranging times to show it to potential buyers, haggle the price, and finally deal with all of the paperwork required to get rid of it.
If you have an old car that’s not in great shape, selling it is going to be even more difficult. You might find that the repairs required are too costly or time-consuming to take on. At the same time, buyers don’t want to pay a good price for a vehicle that needs work. That means you won’t get as much as you might otherwise.
In some cases, selling your busted car is nearly impossible. By the time you find a buyer, you might have given in to a poor deal or wasted so much time that the sale wasn’t even really worth it.
Junking It Is An Option
When a car is beyond reasonable repairs, you might decide to just junk it. Most junkyards will come to pick up your old car and hand you a check on the spot. Of course, you’re definitely not getting a good price for your vehicle. In most cases, the junkyard will give you a modest quote over the phone. Then the person who comes to get it will find issues that give them cause to offer less.
Junking a car might be easy, but nothing good comes out of it for anyone involved, except maybe the junkyard that will turn your old car into parts for profits.
It’s Easier With a Car Donation Foundation
You may have never considered donating your old car, but it’s one of the best options on the table. A car donation foundation can take that junker off of your hands without the hassle of trying to sell it. What makes your car donation even better is that the car donation foundation will take care of all of the paperwork for you. That means you’ll experience no fuss.
By making this kind of donation, you’ll even be eligible for a tax deduction. This deduction is either based on the fair market value of your car or the amount that the car earns at a sale. Some programs will repair and restore the car and sell it to help fund the organization. In these cases, you get to deduct the improved price of the car, which should be far more than you’d get from the junkyard or private sale.
Make room in your driveway and earn a tax deduction without having to do any of the work. Car donation foundations make getting rid of your beater easier than ever.
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