Practical Options for Getting Rid of an Old Car

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You've gotten nearly 15 years of use out of your old clunker, but the time has come to say goodbye. At this point, the amount of money it would take to restore the vehicle far exceeds the car's actual value. Although you've done your best to take good care of the vehicle and stay on top of repairs, no car lasts forever. You can't even begin to count the number of mechanics who have expressed amazement that the old girl ran as long as she did. Few people could have imagined that such a seemingly average vehicle could last for over 200,000 miles.

Having decided to part ways with your car, one question remains: What are you going to do with it? Since this is the first time you've gotten rid of a vehicle, you're somewhat unclear on how this is supposed to go down. Fortunately, when it comes to unloading old cars, your options are anything but limited. So if you're trying to find your clunker a new home or suitable resting place, consider the following options.

Sell the Vehicle to a Salvage Yard

Although your car may no longer run properly, it still contains an assortment of useable components. With this in mind, bring the old clunker down to your local auto salvage yard and see how much they're willing to pay for it. While you shouldn't expect to receive a great deal of money for a vehicle on its last legs, there's a good chance you'll be offered at least a few hundred dollars. After the transaction has been completed, your vehicle will be salvaged for parts, which will subsequently be sold to mechanics and motorists for heavily discounted prices. In this respect, your trusty old clunker will live on for many years to come.

Donate the Car to Charity

Regardless of the vehicle's condition, there are a number of charities that will happily take it off your hands. Churches, schools and homeless shelters, for example, are frequently in need of new vehicles. Even if the car appears to be un-drivable, certain organizations may be willing to fix it up. If the vehicle is completely unsalvageable, some charities won't hesitate to strip it for parts. As an added bonus, donating your old car can provide you with a fairly substantial write-off when tax season rolls around.

Sell the Vehicle As-Is

If you're interested in making money with your old vehicle but don't want to spend a fortune fixing it up, consider selling the car as-is. Certain automotive enthusiasts will welcome the opportunity to purchase and restore an old junker. Additionally, mechanics who specialize in rebuilding vehicles may be interested in salvaging the car for useable parts. Alternatively, if you intend to purchase a new vehicle, it can't hurt to see how much, if anything, local dealerships will give you in trade-in value.

Getting rid of an old vehicle can be somewhat cumbersome. Failure to sell the car right away can lead many people to believe that they're stuck with their clunkers. Luckily, that couldn't be further from the truth. With a seemingly endless array of salvage yards, dealerships and charitable organizations waiting to snatch up your aging car, the ball is completely in your court.
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