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It’s time for you to dispose of your old car and buy a new one to increase your comfort on the road. But to get rid of that older vehicle, you have the choice to either donate it to charity or to send it to a junkyard for the scrap price. What considerations do you make during this process, and how can you make the right decision for the long-term? In this latest post our junk removal team will answer these questions, as we consider whether you should donate or junk your old vehicle.
Donation Brings Tax Benefits
Should you decide to donate your vehicle to a local charity, you’ll have the benefit of tax credits from the federal government for your donation. However, it’s important to recognize the amount of paperwork that goes into the donation process. You’ll have to work with a specialist to fill out all the forms detailing the true value of the vehicle and the potential value of the vehicle to the charity.
You should also note that tax credits only apply when the vehicle is donated to qualified charities. The process can be arduous for those who simply wish to do a good deed and donate their vehicle to the charitable organization of their choice.
Junking Your Vehicle Could Be the Easiest Option
Many vehicle owners across the country have found that simply junking their vehicle through a junk removal company is the best way to receive compensation for the vehicle while getting rid of it. Another benefit of junking a vehicle is that it’s better for the environment than other options. The process is tightly regulated, and it allows companies to reuse the scrap metal from vehicles to make other products and components.
Junking a vehicle also ensures that all the toxic components from the vehicle are removed safely, so that they don’t find their way into the local environment. You’ll benefit financially from the process, while helping to protect your region against toxic elements.
What to Consider When Junking a Vehicle
If you decide that junking the vehicle is the right choice for you, here are a few things to consider in order to ensure a seamless junk removal process:
Time—Give the junk removal company a few days of notice to come and pick up the vehicle.
Experience—Make sure the company has years of experience in the junk removal industry.
Communication—Ask the company what they do with their junked vehicles and how much you’ll receive for any working parts.
Junking your vehicle is considered the responsible choice for protecting the environment and ensuring cleaner local spaces in the years to come. To discover more about the process, contact our team today!