Advantages,scraping,donating,o car Advantages of scraping or donating old car
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Whenever you think about scrapping your old car, the first thing thatcomes to the mind is where to get it scrapped. Every junk yard or scrapauto dealer company are not very reliable or trustworthy. A fewcompanies offer lesser cash for the scrapped car. As such it is alwayspreferable to go to the rated agencies to get best value and deal foryour scrapped old car. The few of these rated agencies are available ontop search engines, like google, bing.com and yahoo etc.Theremay be several reasons for scrapping your car. It may be not completelyfit after damage occurred due to accident or you may be facing regulartechnical problems or troubles while driving the car. This could be thereason which may force you to scrap your car. Your old scrapped carmight be occupying your precious space in your garage or lawn and atthe same time might be causing environmental hazard. By disposing offyour old scrapped car you can empty the block space occupied by yourscrapped car and use the same for some other fruitful purposes, and atthe same time earns cash from the scrap car companies.Even if your old car is in complete junk condition still the scrap cardealer pays you suitable amount of cash for the junk depending on thesize of your and its metallic waste. You should understand that insteadof throwing your old car to bins, you may go to the scraped car dealerfor selling your old car and earn cash.By selling your old caryou can earn tax benefit on the book value of your old car, and forthis it would be better for you consult with your tax advisers. Thereare different norms and practice depending on state to state where youcan claim such tax benefits.You can also donate your oldscrapped car to NGO or other charitable organization who are engage inaccepting as donation of old scrapped car.They arranges for freecollection of old scrap at their own costs. The old scrapped carreceived as donation by them are either recycled or sold to the scrapor car junk yard. The cash realized are used for some charitablepurpose. However you can still claim tax benefits on book value of yourold car. Most of the time, the old scrap car received as donation issold in salvage auction to recover its salvage value.
Advantages,scraping,donating,o