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How to Make Money With Junk Cars

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Old Cars Are Still Worth Something

If you drive down rural roads you are probably going to see abandoned and junk cars parked somewhere along the way. It seems like a favorite place to leave them is by a hedge row. I always wonder if they are there just to get the junk cars out of the way, or if people think they aren't worth anything and don't know what else to do with them.

Old junk cars still have value, even if they can't be driven. There are two things you can do to turn junk cars into either a tax deduction or really fast cash in your pocket.

Junk Car Donation

Turn a Junker into a Tax Deduction

Let's say you have a broken down truck that is never going to run and it's only taking up space on your property. You know you're never going to get it sold locally, but you hate to get absolutely nothing out of it.

You could contact a charity, like The Purple Heart Foundation, which funds programs that help over 200,000 of our nation's heroes. You complete a form online that takes about 90 seconds to complete, and a tow truck will be sent to your property to pick up your junk car.

They'll give you a donation receipt and later you'll get an IRS receipt in the mail. You've just scored yourself a nice tax deduction, you've gotten rid of a junk car that was taking up space, AND you can feel good that you've helped a really worthwhile charity.

Cash for Junk Cars

Fast Cash for Broken Down Cars

Maybe you what you really need is cash right now for your family. Did you know that you may be able to get fast cash for your old car even if it's in terrible condition and doesn't run?

Here's how to get money for your junk car:

There are companies all across the country that pay cash in hand for your junk car. You'll go online, fill out a form that gives them the make/model of your car and your location and they'll send out a tow service that will pay you on the spot for your car and haul it away.
It makes no difference what the condition of your car, the year or whether it runs. They want to buy your old car. You don't even have to have keys, and if you've lost the title or registration, it's not a deal-breaker.

Value Your Car

Check the Value Before You Donate or Sell

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