Best ways to get rid of an old vehicle

After years or even decades of use, there finally comes a point when you have to make the decision to let go of a car, simply because it doesn’t make any sense to prolong its life any longer. Whether you are concerned about getting points on your drivers license or being fined while driving a vehicle that is obviously not fit for the road, you must figure out exactly how you are going to dispose of the car before it’s too late. If you play your cards right and take the best course of action regarding this matter, you might even end up with a good load of cash in your pocket or a really good deed that you can feel content about. Here are a few suggestions on how you can dispose that old hunk of metal from the garage.

Repair and sell

After much consideration, if you come to the conclusion that it’s just not fair for you to completely throw away the vehicle for “zero gain”, maybe you can pump a few more years into the old hunk of wheels. Consult an auto-repair professional and get their opinion about the state of the vehicle and whether or not it will be worth the effort and the investment to restore it. If there is a possibility for you to earn a substantial return for your investment and if there is a healthy level of demand in the market for the make and model, it will make more sense for you to repair and sell the ride.

Scrap it for money

Scrapping should be the last resort that you must go for, only if the vehicle is just too far beyond the point od repair and no one would even consider buying it in its current condition. Before you proceed with this option and drive your old Hilux down to the Toyota wreckers of your area, there are a few things that you must look into. Get all the necessary documents that are needed for you to legitimately hand your vehicle over to the wrecking service provider and evaluate the current value of the car for what it is with the help of an expert, so you will know what to expect from the wreckers in return. The scrapyard must be a member of or approved by a professional body in the industry. Don’t forget to reclaim your insurance and tax when getting the vehicle scrapped.

Donate the car

If the vehicle is in pretty good shape and you aren’t in desperate need of money, this may just be the option for you. You can be the benefactor of a family member or a friend who is in need of an automobile by donating yours, purely out of the goodness of your heart and feel great about yourself. Or, you can donate it to a charity that accepts such donations and receive a receipt which can be used for tax reduction, which is a pretty good deal.

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