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Are you one of the hundreds of thousands of consumers that has a junk car sitting in your driveway? If so, like quite a few other consumers, you are most likely looking for the answer to the golden question, "Is it better to sell my junk vehicle or donate it to charity?". To tell you the truth, I personally think it's better to donate an automobile to charity than sell it to a junk yard but, I don't know much about your personal situation. With that said, the best advice that I can give is to read the comparison of selling non-working cars and donating non-working automobiles below. Using the information you learn, simply make the decision that you feel will best fit your financial and personal needs. Selling A Junk Car The first option that consumers have when they want to get rid of their junk cars is to sell them to junk yards. Junk yards make businesses out of purchasing junk cars at a very low premium and stripping the automobile of anything of value, including scrap metal. Everything of value is sold to generate a profit for the junk yard. Selling A Junk Car Pros: Free Junk Car Removal - The first benefit to selling a non-working automobile is that Americans who make the decision to sell a non-working automobile will get their unsightly junk automobiles removed from their driveways absolutely free. As with any sale, the purchaser of the product is responsible for the shipment of the product or in this case non-working automobile from the seller to the buyer. Small Cash Payment - As with any sale, when people make the decision to sell a non-working vehicle, they will receive a small cash payment. Because non-working yards have to make a profit off of junk vehicles, the cash payment is generally very small between $100 and $200. Selling A Junk Car Cons: The Payment Is Small - Let's face it, these days, $100 is not a lot of money to Americans. With that said, unless Americans are in a tough financial position, they would generally rather donate their vehicles for the higher tax deduction. Doesn't Help The Community - Knowing that a junk vehicle can help the community and making the decision to sell it for such a small amount of money may weigh on the minds of the consumers who decided to sell. Donating A Junk Car It is no secret that vehicle donations are a primary source of funding for several charities. With that said, if you have a junk car, you may want to consider donating. Who knows your car could be the funding that finds a cure, helps a child or even feeds the homeless. Donating A Car Pros: Free Junk Car Removal - As with the sale of a non-working car, when people make the decision to donate a junk vehicle, they get the benefit of free junk car removal from their driveways. Generally, the charity or automobile donations company that accepts the donation will pay all costs associated with processing it. Tax Deductions - Another nice benefit of donating a car is the tax deduction. When Americans donate a vehicle that generates proceeds less than $500, they will be given a tax deduction in the amount of $500. However, when people donate a car that generates proceeds in excess of $500, they will be given a tax deduction that directly reflects the amount of proceeds generated. Helping The Community - The best part about Americans making the decision to donate a car is the satisfaction that follows doing the right thing. Knowing that their vehicle donations helped their communities, consumers just feel better about themselves. I would have a Donating A Junk Car Cons section however, there are none. I hope you choose to donate! Most of my information for this article was found here: Automobile Donation Donate My Vehicle
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