ANSWERS: 1
  • At some point it may be more trouble to try to sell an old car than it's worth. If it's damaged or broken down and the cost to repair the car is more than the sale value, you might consider junking the car for a small payment or for the tax benefit. A number of companies offer these services and make it very easy to junk your car.

    Sell to Online Junker

    BuyMyWreck.com is a website that offers to buy damaged, wrecked or broken down cars for a small price. The company will haul away your junk car and provide you with a check for the agreed upon price. The process is very simple. Contact the company through their website and submit information about your car and location. If you accept the company's offer, a representative will make arrangements to send a tow truck to your location and remove your junk car. They will send you a check for the agreed-upon amount. You can begin the process by visiting buymywreck.com.

    Donate Junk Car to Charity

    Charitable organizations often raise money for their cause by accepting donations of old cars to be repaired and sold or to be sold as scrap. By donating your car you gain a tax deduction in the amount of the assessed value of the car and the charity you donate it to will come and remove the car at their expense. A number of charities will accept junk cars as donations. See Resources for some charities.

    Sell to Local Junk Yard

    The final option for junking your car is to find a local junk yard and offer to sell your car to the company. Some junk yards have specific requirements for the types of cars they will accept while others are happy to buy most types of cars. Often they will pay a very small price for your car and some will require you to pay for the tow truck. When selling to a local junk yards the terms can vary widely so be sure you understand the agreement before you sign.

    Source:

    Buy My Wreck

    More Information:

    Donate A Car 2 Charity

    junk yard.org

    Kars 4 Kids.org

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