There comes a point in time where cars depreciate their value. Once it has reached its maturity, it’s no longer safe to prolong its life. However, some people try to revive it, but it comes with a hefty price. For some, they tend to dispose of it. You may be wondering how you can get rid of your old and damaged car. Luckily, there are a lot of options for you to choose from. Here are some ways you can dispose of an old and damaged car, whether you think that it is not sellable at all.
Talk to a Dealership
If you want to get rid of your old car instantly, go to the nearest dealership and get a quote. However, if you want to take this path, dealers may not be willing to give you the figures you’re expecting to receive. Their goal is to buy your car for a bargain price so they can sell it and make a profit. If you wish to sell your car to a dealership, one tip that we can give you is to go to a dealer that sells the same model. If they give you an offer that does not fit your likings, you can always try to go to another dealership until you are satisfied with their offer. What if your car is broken, you may be asking yourself, “How do I sell my broken car?” There are a lot of websites online that you can check that buy broken cars. The key here is patience. Take your time to look around and see who is willing to give you a better offer.
Sell It Yourself
If you did not get any good offers after talking to numerous dealerships, you may want to consider selling your car yourself. It requires you to do some work, but it can allow you to sell your old car to the price you want to sell it or even more than it’s worth. You can post your old and damaged car to Facebook Marketplace, Craigslist, and another website that lets you sell an ad for free. It is much faster if you sell it to these online platforms, as many people nowadays are accustomed to their phones and laptops. However, if you want to sell the traditional way, feel free to do it as well. Several newspapers give space for sellers to place an ad.
If the sole reason you are selling your old and damaged car is that you want to get a new car, you may be better off trading it in instead of selling it. By doing such a thing, you are reducing the price value of the vehicle you want to purchase, and it also helps you avoid the hassle of trying to negotiate your car with other people. Always keep in mind that the trade-in offer you will get from a car dealership will always depend on the market value of your old vehicle, your car’s current condition, and whether it is still up for repair. If you think that the trade-in offer is not enough, you don’t have to accept it right away. You have no obligation to take it on the spot.
Donate Your Car
Donating your old car is one option you have if you want to get rid of your damaged, old car. Many non-profit organizations accept vehicle donations, whatever make and model that is, for them to support their cause. Plus, there is also an advantage of doing this with regards to your taxes. The IRS will let you claim a tax deduction if you donated your old car and helped those in need. Usually, the amount that will be deducted from your taxes will be the same as the amount the vehicle sells for auction. If your car doesn’t get auctioned, fret not, as you can still claim an amount of $500 or the market value, whichever is greater. We suggest that you consult a tax professional for more detailed specifics if you are going this route.
If your old car is so damaged to the point that it may require too many repairs, bringing it to a junkyard may make sense. You may coordinate with the nearest junk services, who might be willing to pay for your car. However, not all pay, especially if your vehicle doesn’t have much life to it, but you can make use of their free towing services to get rid of your old car from your house.
Before getting rid of your old and damaged vehicle, consider all the options you have with you. Some people sell their car parts, and some just get rid of them. However, the secret of getting it rid of faster is to choose the route that will fit your needs and preference.