Trends suggest that people are holding onto their old vehicles as long as possible. While that makes sense from an economic standpoint, keeping an old car that you no longer use isn't doing yourself or your vehicle any favors.
So why not get paid for that old car?
Don't let that old car take up space in your driveway any longer! Keep reading to learn more, and follow these steps and learn how to get rid of a car you don't use.
- Scrap It for Parts
Depending on the state of your vehicle, your car's parts may be worth than the entirety of the vehicle itself.
If you have the time (and the tools), get under the hood and assess the quality of your car's parts. Pay special attention to high-ticket items like the alternator, the engine, and tires and rims.
While this is the most time-consuming method of getting rid of an old car, your time spent isn't in vain, as private buyers, junkyards, and auto stores all need these parts.
- Donate It to Charity
What's better than getting rid of your old car? Getting rid of it for a good cause, of course!
Charities like Habitat for Humanity, Kars4Kids, and Charity Motors are more than happy to take your old car off of your hands. They'll even come by and tow it away from your home — for free!
Aside from the knowledge that you're helping others, you'll also get a nice little tax write-off.
- Sell It As-Is
Selling to a private buyer is always a good option, too. However, in most circumstances, private buyers won't want a total junker, so if your vehicle isn't in the best of shape, you'll have to invest in repairs.
Of course, private buyers aren't your only option. If your car is in working condition, most dealerships are happy to take it off of your hands, even if it's damaged.
However, you should note that since the quality of your vehicle affects its value, small repairs may be worth it.
Also, you'll want to make sure you have the proper paperwork, whether you're selling to a private buyer or dealership. Each state's requirements for selling a used car look a bit different, so research your area's laws.
- Trade It In
If you're in the market for a new vehicle, most dealerships are willing to cut you a deal should you choose to trade in your current car.
Before you head to the dealership, make sure you have all the proper information. Know your vehicle's fair market value and history, and always get multiple quotes before reaching a final decision.
- Sell It via Consignment
Consignment is the perfect middle-ground between making a private sale and selling your car to a dealership.
Under consignment, you'll maintain ownership of your vehicle but the dealership will do the selling for you. In exchange, they receive either a percentage of the final sale or a flat fee.
If you don't have a ton of time, or you'd rather not go through the hassle of selling a car, consignment can be your best option, so look into consignment lots near you.
Goodbye Car, Hello Cash: How to Get Rid of a Car You Don't Use
There you have it, five easy ways tips on how to get rid of a car you no longer use. So go ahead, get your driveway back and get paid!
And for more great content, be sure to check back with our blog!