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Don’t let that junk car on your property stick around as an eyesore. If you’re wondering what to do with the old vehicle, you have two options: donate it to a local charity or sell it to the nearby auto salvage yard for cash. While donating the vehicle may seem like a worthwhile option, junking your car for cash offers more advantages.

Why You Should Sell Your Car For Cash

Salvage Yards Take Cars No Matter What

Auto salvage yards accept any vehicle regardless of its current state. Nonprofit organizations want vehicles in good condition only, as they rarely have interest in vehicle parts or scrap metal. If your car does not run or requires extensive repairs, you’ll have a hard time getting a charity to take it.

Tax Deductions for Car Donations Are Usually Small

auto salvageYou may spend money on repairs before donating your car, and your tax deduction may not be worth the hassle. You must itemize your deductions on Schedule A of the IRS form 1040 to deduct your donated vehicle’s value; however, itemized deduction totals are often smaller than standard deductions, and the filing process can be confusing. In addition to the paperwork involved, you need to donate to a religious organization or nonprofit with 501(c)(3) status to qualify for the deduction.

Vehicle Pickup & Fast Cash

While most nonprofits are willing to pick up functional cars, many auto salvage yards offer the same service. They also tow non-running cars to their yards without question, unlike charities that are interested in working vehicles only. Auto salvage yards also give you cash for junk cars on the spot. Use the cash towards monthly bills or a new vehicle, put it in a savings account, or spend it however you wish.

 

Cash for Junkers in Ham Lake, MN, is a local auto salvage yard and used vehicle center specializing in cash for junk cars. The friendly team offers immediate payment and happily picks up vehicles throughout the North Metro area for client convenience. You may even find a quality replacement vehicle through this renowned dealership. Call (763) 218-3149 to schedule a pickup or visit the auto salvage company online to fill out a quick contact form.

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