What is better, to sell or donate a car?
Question: I have a car with mechanical problems, is a Dynasty 1990 and I don’t know what is more convenient for me? I need buy another car for my son.
Answer: If you need to buy a car for your son, chances are you could use some extra cash, huh? You won’t get any cash from donating it. That’s what donate means…to give away without compensation.
Click here to get paid cash for that old junk car. Have the VIN number ready and they’ll give you a quote right online.
One Response to What is better, to sell or donate a car?
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From a financial standpoint, you would be better selling it. Suppose you sold if for $1000. If you donated it, you would get a tax deduction (but only if you itemize). At best, the $1000 deduction would save you about $250 on your federal taxes.