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Give Away Your Used or Old Car versus Selling It for Cash
If you are like those who consider their cars almost as close to their heart as their pets, then you know the agony that comes with letting it go. But similar to most things in life, there comes a time when you have no option but to part ways with your four-wheeled friend.
There are two options you will have when the time comes to let go of your car – sell it for cash or give it away. Each of these options has its own advantages and disadvantages. We will shed light on both to help you decide which option is best for you.
Giving Away Your Old Car
Giving away an old car, according to many people, is the reasonable and easy option of getting rid of a used car. However, this is actually the harder option. You should do an extensive research before making your donation because it is easy to be duped by the seemingly legitimate charities. Many charity organizations will try to rob you by giving you an unfair market price, but even worse the car can end up not being donated.
Donating a used or old car is time-consuming. The procedure includes finding a charity organization that’s qualified, understands the fair market value, collecting documents and preparing paperwork. You could get a fair market price in very rare situations. But even after you do, you will still have to live with the fear of your ailing car coming back to haunt you.
Selling Cars for Cash
There’s no doubt that selling your used or old car for cash is the easiest and quickest way of letting go of it since you can now do it online. The main advantages of selling your cars for cash are:
The convenience of getting your car towed away for free and the fact that you are likely to get a fair market price in cash makes selling your car to sellyourcarquickly worth trying.
If you don’t want to sell your car to a scrap car vendor and donating it is not an option, then you are probably thinking of selling it to an independent buyer. You are likely to get more money this way but the process is long and frustrating.
Let your car sit in the garage or driveway and rot – this is the last option you have. Similar to others, this option has advantages like the fact that you can see and tell stories of your car. But it also has disadvantages like the fact that the car is taking up usable space that you could otherwise put to more productive use.
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