If you are in the market for a new car and are wondering what to do with your old clunker, don’t automatically assume you need to buy ads in the classifieds or trade it in.
Often times, if your car is fairly old or needs repairs that cost more than the value of your car, the hassle and money loss by using classifieds or trading in your car may not be worth your time or money. But, before you give up, you should know that you have a few options to get rid of that clunker, some of which are actually for a good cause.
If you are not ready to part ways with your old car, consider this: purchasing a new car may actually be good for the environment. With auto manufacturers still struggling and offering great deals on cars and new fuel efficiency laws, today’s new cars are more fuel efficient and better for the environment. In fact, with the EPA’s new standards for fuel economy and green house gas emission levels for new passenger cars, America is expected to conserve about 1.8 billion barrels of oil and reduce nearly a billion tons of greenhouse gas emissions.
Here are three ways to get rid of your clunker, beyond reselling your car:
1. Recycle Old Cars
Cars that are not in driving condition are often put in landfills which can be damaging to the environment. In fact, according to GreenVehicleDiposal.com 408,000 tons of car materials fill landfills ever year. When you recycle your car with environmentally friendly organizations such as Green Vehicle Disposal, a “green” recycling method is used to reduce the amount of car parts put into a landfill.
2. Donate Old Cars
There are many organizations, such as Free Charity Cars, Cars 4 Causes and the Salvation Army, that will pick up your car and use it for causes such as sustainable farming and eliminating homelessness. Many car donations are also tax deductible, but because of recent changes in tax laws, you should check the IRS database first.
3. Sell the Parts
If your car is no longer in driving condition, consider taking it to a local junk yard or scrap metal yard. Junk yards specialize in car replacement parts, so you may be able to make a profit off the parts that are still useable and in good condition. Scrap metal yards will purchase scrap metal by the pound, so if you have a big car, you may be able to make a significant amount of money. Always remember to shop around for the best offer and negotiate for the best deal.