Got an older car around, without much idea of what you can do with it? Perhaps you’ve already got something much cooler, newer, and more exciting in your driveway, or you’ve been holding onto this old heirloom for years but it’s time to finally say goodbye. The longer it stays on your property, the more it can cost you and the more you stand to lose. However, when you get rid of it, you need to make sure that you do it legally, as well. For that reason, here are some of the options you should consider when getting rid of that old clunker.
Sell it to someone else
The most popular option, and perhaps the obvious one, is to sell the car. Whether you sell it to a dealership or on the private market may determine what kind of price you can get for the car. In some cases, the choice may not be yours because a dealership wouldn’t buy a car as old as yours is or in the condition it is in. When you are thinking about selling the car, you have to consider whether it’s worth the effort of keeping it around and paying the costs of car ownership while you try and find a buyer. Suffice to say, there are some cars that simply are not going to get sold, so you need to have other options in mind.
Use it as a trade-in
If you haven’t yet bought the new car that you’re replacing your old auto with, then perhaps you could use your existing car as a bit of leverage. Of course, for a car to be worthy of trading in, you have to make sure that it’s in the right shape and is likely to sell on the open market. There’s no denying that a dealer isn’t likely to pay as much for the car as a private buyer, but they may be willing to offer a little more in trade-in credit than had they simply bought it for cash straight-up. Don’t be afraid to do your research and negotiate a fair deal as shown at Bankrate, either.
Donate it to a good cause
Regardless of whether or not your car would sell to anyone else, you could have the opportunity to do some good. There are a lot of different organizations that will take a car donation, whether they are able to go on to sell the car to raise funds for a good cause, or they can recycle or make use of the parts that they take from the car. Aside from doing a little good with your life, there’s also the fact that there are some favorable tax incentives connected with your donations. Just make sure that your car donation will qualify you for a deduction if that’s what your motivation is.
Get it scrapped for money
Do you think that your car simply isn’t in a good enough condition to work as a sale, a trade-in, or even a donation? That doesn’t mean that there’s nothing you can do with it. No matter what shape your vehicle is in, you can still recycle it or have it scrapped. Sites like Junk Car Cash Out can help you get rid of an old clunker for some quick money. Good car junkers will help you get a good idea of precisely how much you will get ahead of time with online quote forms that give you an estimated price before making any deals, as well.
Sell the parts instead
If the overall shape of the car isn’t looking too great, but some of the parts inside it are still good, then there’s nothing to stop you from taking out the most valuable parts and having the rest scrapped. It might be easier to sell parts of an old car to other drivers with that same car. There are no guarantees you will be able to find a buyer for your parts and the best places to try and find them are general online marketplaces such as eBay, or forums for car specialists, who are most likely to be looking for specific parts to fit a specific car.
What you decide to do with your car is, in the end, up to you. However, you need to consider which options are most likely to work for your car, and which are going to be the most cost and time-effective. Hopefully, the tips above give you some idea on which direction to take.