Sick of looking out your front window and seeing that old clunker parked in the driveway? Keep telling yourself you will “get around” to fixing it up, but it still hasn’t happened yet? It is probably time to face the music and get rid of your old car.
But what are your options?
Sell it.
Sure, if the automobile is still running, you could try to sell the vehicle back to a dealer to be re-sold or sell it to an individual yourself. However, you should be careful, as most states have lemon laws in place to protect car buyers. If someone purchases your car and it fails within a certain amount of time, you could be facing legal troubles.
Donate it.
Various institutions take old vehicles off the owners’ hands and repair them to sell to less fortunate. Lemon laws don’t apply here, but you are responsible for valuing the vehicle for tax deduction purposes. If the figure you come up with is inaccurate, you will have to pay penalties to the IRS.
Scrap it.
You may think that by scrapping your old vehicle the parts will end up in a landfill somewhere, but the truth is all parts can be reused and recycled for various purposes. You will receive money back for your junk car, and will get the vehicle off your hands and off your property! Even if the car is not in working condition, you can get cash for it.
Aero Auto Parts in Chicago is happy to take your junk car; all we need is the title! We will come pick it up off your property free of charge, and will pay you on the spot, whether or not it’s running. Contact us today for more information — we look forward to working with you!
Courtesy of DriverSide
http://www.driverside.com/auto-library/sell_scrap_or_donate-413
