Friday, February 15, 2008

How to Get Rid of an Old Car


How to Get Rid of an Old Car


from wikiHow - The How to Manual That You Can Edit

That old clunker in your yard can be worth money to you! Luckily the hunk of junk you are looking to lose can be turned into money, a tax deduction, or just a little good will.If you do not get the price you ask, think about giving it away to a charity organization, and you will have a tax write off come tax season!

Steps


  1. Decide whether to sell your car, give it away, or chop it up.
  2. Consider not wasting too much money on advertising. Try a web based service first. Advertising there is free and will let those in your local area know about what you are offering.
  3. Think about donating your car to a family member or someone who needs it.
  4. Consider donating to a local charity which is set up to accept car donations. Your local Public TV may do this. If so, they will send someone to pick up your car and give you a receipt for a donation. You may be able to use this as a tax deduction. They will probably not use your car, but rather, will have an agreement with someone who will give them a little money for the car and then sell it at auction.
  5. Sell pieces of your car if none of the above will work for you. Old models especially are good for this. Car buffs are always searching online auction pages in order to find parts to replace headlights, or turn signals or bumpers, etc. of their own similar cars.


Tips


  • Know the value of your car before you try to sell it. Look up the blue book value, take it to a used car dealer for an offer, or check the classifieds or online auctions. Maybe a car of similar age and type is being offered.
  • America Car Donation


Warnings


  • When you sell or give, get the name of the buyer and a signed bill of sale. In some states, you will need to produce this in order to prove that you no longer own the car. This will help you to avoid having to pay registration fees and fines in the future.


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