What to Do With a Junk Car

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What to Do With a Junk Car
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• As soon as you drive off the lot in your new car,
  it depreciates in value by about 15, and
  continues to depreciate by about 15 every year
  thereafter. After about 10 years, the vehicle is
  almost worthless, especially if you bought it
  used. But almost worthless isnt completely
  worthless. While it may seem as though your
  beat-up old car is on its last leg, rest assured
  that it still has a little life left perhaps
  even a whole new one. To help you decide how to
  dispose of your beater, here are eight ideas that
  can make you money, save you money, and give
  aquatic animals a new place to call home.

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1. Donate It to Charity for a Tax
Write-Off There are a lot of charities that
offer car donation programs. The charity will
sell the used car for parts and put the cash
earned back into the program, or it might use the
vehicle for mobile services it offers, fixing up
the car to save cash on an otherwise expensive
purchase.

• No matter what the charitys intended purpose for
  the donated vehicle, youll still receive a
  receipt to deduct the donation on your taxes.
  Some will even pick up the car from your home so
  you dont have to pay a towing company. Donating
  your vehicle to charity doesnt come without its
  complications, however there are middlemen,
  bogus charities, and legal issues that you may
  have to contend with. But you can make sure
  youre not getting swindled with these 10 tips on
  how to donate car.

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• 2. Sell It Whole or in Parts
• Just because you dont want that clunker anymore
  doesnt mean that someone else cant use it. Even
  if your car doesnt run, its still full of
  valuable parts that are worth a pretty penny.
  Local services like Craigslist can help you
  unload the lot on someone close to home, or you
  can head to Junk My Car, where youll get an
  instant quote on your rundown ride and a
  scheduled appointment of when the vehicle will be
  removed.

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• 3. Trade It In for a Newer Model
• If your car has any kind of resale value at all,
  you may be able to trade it in at the dealer when
  buying a new car. You probably wont get top
  dollar, but what you do receive can be applied to
  the purchase price of the new vehicle, ultimately
  saving you money. Dont forget to factor in the
  convenience, too. By trading it in, you dont
  have to worry about finding the right buyer or
  the potential expense of towing.

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• 4. Turn It Into a Work of Art
• When I was in high school, our football team was
  playing a rival team called the Mustangs at
  homecoming, and it was my job as a class officer
  to help build a float for the parade.

One of our teachers had the brilliant idea to
have a Mustang car cut in half and attach a
papier-mâché horses head to the vehicle with the
theme of Demolish the Mustangs. While the theme
was uninspired, the float was one of the most
creative the school had ever seen. Now, I know
that we dont have homecoming parades everyday,
but this example proves that there are lots of
creative ways to recycle a junk car. Have any
other ideas?
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• 6. Provide Fish a New Habitat
• OK, this might be pushing it, but you never
  knowif you have a pond or lake in your back yard
  or nearby, considering dumping the car there to
  provide a habitat for underwater creatures. This
  idea comes from the concept of building an
  artificial reef to help promote marine life. Make
  certain, however, that all potentially hazardous
  debris is removed from the vehicle and that you
  drain all liquids. Youll completely defeat the
  purpose of the exercise if you kill the fish with
  pollution rather than provide them with a
  stimulating environment in which to exist.

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• 7. Barter With a Friend
• Maybe one of your friends has something you want
  that he or she is willing to part with in
  exchange for your car? Lots of people work on old
  vehicles as a hobby, so this isnt totally out of
  the question. Remember, one persons trash is
  another persons treasure.

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• 8. Give It to a Local Mechanics School
• Im not the kind of guy who wants to spend my
  days under the hood of a car, but instead of
  Algebra II which I have absolutely no use for
  in my adult life I would have preferred that
  life skills were mandatory in high school to
  this day, I barely know how to change a tire.
  Meanwhile, the kids who took shop class are
  saving a lot of money because they know how to do
  things that the rest of us have to pay for. To
  keep this tradition alive, give your junk car to
  a trade program in town. Almost every high school
  has one. You may still qualify for a tax
  write-off, and youll sleep better knowing that
  you helped people in your community gain valuable
  skills.

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