Car Loan – How to Get Rid of Your Old Work Car

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Submit a document for car loan | Car loan? How to Get Rid of Your Old Work Car | Research shows that Americans are holding onto cars longer than ever before.

As long as the cars are still driveable, this can be a great way for people to save money and keep cars out of landfills. What about those cars that haven’t been driven in years or even decades, though?

If you have an old work car that’s gathering rust in your driveway and isn’t getting fixed anything soon, you’re in the right place. Read on for some tips on how you can get rid of a car as quickly as possible.

Signs You Need to Get Rid of a Car

Sometimes, it’s obvious that a car needs to go. In other situations, though, you can convince yourself that, maybe, one day, you’ll have the time to fix it up and make it driveable again.

If you’re on the fence about getting rid of a car, ask yourself the following questions:

Is the Value Less than the Repair Bills?

Have you done some math recently to see how much it would cost to get your work car up and running? If you haven’t, now is a good time to do so.

Once you have an idea of what your repair bills would be, compare that price to the Kelley Blue Book value of the car. Is the value less than what you’d spend fixing it? If so, it’s probably not worth it for you to continue hanging onto it.

Is It Safe?

Your car might still, technically, be driveable. Is it safe, though?

Do you want your kids riding in it with you? Do you feel confident that it can get you to your destination in one place?

If you can’t say “yes” to any of these questions, why are you still keeping the car around?

Does It Fit Your Current Lifestyle?

Be honest. Are you clinging to this old work car because it reminds you of the life you used to have? Does it trigger fond memories of the time before you had to worry about fitting a car seat in the back?

If this is the case and your current car no longer fits with your lifestyle, it might be time to say goodbye and work toward something more practical.

Does Anyone Want to Buy It?

Maybe you’ve had your car on the market for a while and no one’s taken an interest in it. You might have even lowered the asking price several times, all without anyone deciding the car’s worth purchasing.

If there’s not a lot of interest in your car and it’s been sitting in your driveway for a long time, you might need to think of other options to try and get rid of it. 

How to Get Rid of a Car

Did you say “yes” to one or more of those questions? Are you ready to get rid of an old work car but unsure of how to do it?

Here are some strategies you can use to take care of your old car as soon as possible:

Sell It Online

If your car is still in decent shape and is driveable but doesn’t fit your lifestyle anymore, consider selling it.

Selling it with the help of an online classified ad can help you get the word out and pique the interest of the people most likely to purchase it. You might not get as much money as you’d like from it, but it’ll still be off your hands and you’ll have a bit of extra cash in your pocket.

Trade It

For those who will need to purchase a new car to replace their existing one, trading the old car in at a dealership can be a good option. When you trade your car in, you’ll be able to put the money from it toward your new car.

Even if you can’t get a lot from it, it’s still better than nothing, and you don’t have to worry about disposing of your car or going through the process of trying to sell it.

Part It Out

If your car is in a condition that makes it hard to sell or trade, parting it out is a viable alternative. Parting out your car involves selling the usable parts to other auto enthusiasts.

If you take this approach, you’ll need to have the knowledge and skills necessary to take a car apart and retrieve the parts needed. It can help you get some extra money from the parts of the car that are still useful, though.

Junk It

Consider looking into a cash for cars program and junking your car, too.

When you do this, you can still get cash for the car based on its weight. It’s usually only a few hundred dollars or so, but it’s better than nothing.

Some junk car businesses will even come and pick your car up for you and tow it away for free.

Donate It

Finally, consider donating your car to a charity. There are lots of charities that will take old, junk cars off your hands and recycle them for you.

When you work with these charities, they may come and pick your car up for you, saving you from having to find a way to get it off your property. You’ll also get a receipt so you can claim the donation as a tax deduction. 

Get Rid of Your Car Today

If you’ve seen the writing on the wall and are convinced that it’s time to get rid of a car you’ve had for a long time, you’re in luck. Follow these guidelines and you’ll have that car out of your driveway and on to its next home in no time at all.

No matter what strategy you use to say sayonara to your old work vehicle, it’ll feel great to get it off your property.

If you need help choosing a new car to replace it, don’t forget to visit the Auto & Motor section of our site today. There are lots of useful articles there you can reference when shopping for your next car.

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