There are millions of automobiles out there on the roadways at any given time. You probably pass thousands of them a day, though you likely do not pay much attention. The one thing that these vehicles share in common is that they will all one day be in a junkyard, ready to be crushed, recycled, or disposed of in a way that doesn’t negatively impact the environment. It could be the case that you are dealing with a junk car right now on your property. It no longer runs, and the cost to fix it up is more than what the car is worth. This is a very common thing and the number-one reason that people end up taking their cars to a junkyard. Though what if there were another way? What if you could donate this car for benefit? Is that even possible?
The first thing a lot of people would think is, “Why would anyone accept such a donation? If the car doesn’t work anymore, who in the world would want it?” Well, you might not be aware of it, but there are probably at least a dozen working, in-demand parts on your junk car right now. No matter if it’s some rust-bucket that’s been sitting for years, or if it was involved in a serious crash, there are likely still quite a few working parts in even the junkiest of junk cars.
Yes, They Can Be Donated
So, of course, the simple answer is yes. Yes, you can donate a car. The issue here is where you’re going to donate it. After all, you’re not just going to put it on a tow truck and drop it off at the Salvation Army or the Red Cross. Though that’s what most people think when the word “donate” enters the picture. What we’re speaking about are junk car services that handle these automobiles because they want the working parts out of them. They sell cars and parts, and so they want to use what’s good about your car to keep their business going. You’re not just donating for free, however; there are some benefits here you might not be aware of.
Benefits You Might Be Unaware Of
Write-Offs for a Tax Deduction/Rebate
Did you know that you can get a tax write-off for donating junk cars? There are two ways that this could benefit you. If you pay taxes in, you can write this donation off and end up having to pay less money into the system. Secondly, if you’re getting a refund, you can get up to $500 for donating this car. Even if it’s totally junk, you can get up to $500 for it. This may change province to province and year on year, but this is the average amount of money you can get back. So, not a fortune, but still not bad for junk you were going to dispose of.
Earning Some Extra Cash for Junk Parts
On top of that tax donation, you can also sell the best working parts of your car for cash. Is your alternator still good? These command hundreds of dollars brand new, and people always need them. So you can make a few bucks if yours is still good. The same goes for your battery, your rims and tires, and other good parts out of your junk car. Maybe the engine is locked up, but everything else is just fine. You can make a pretty penny by selling the working parts and then have the car junked after.
Having the Car Hauled Away
Another positive benefit here is that your car will be hauled away for you when you donate it or decide to sell the working parts. So, if anything, this means that you will not have to pay the money for a tow truck or some flat-bed to show up and haul your automobile off to the junkyard. The service to which you’re donating or selling your parts will haul it away for you. So, in effect, all you have to do is sit back and make the call.
Just because your car is junk does not mean that it’s worthless. You can make a little extra crash from your junk car in a couple of different ways.