Car Scrapping

Scrapping your junk car used to be a simple thing. You could either pay a towing company to get your junk car out of the driveway, or try out one of those guys that offer cash for junk cars on late night TV commercials. We've come a long way since we simply flipped open the Yellow Pages and looked for someone to help to scrap our old cars.

Today, from charities that offer a tax deduction for junk car donations, to scrap metal dealers marketing heavily online, to Green auto recyclers who promise the lowest ecological footprint, car scrapping has taken on a much more diverse definition.

Choosing a business to scrap your old junk car is a matter of personal preference and needs. First and foremost, you should never pay for car scrapping services. At a minimum, you can save a hundred or two hundred dollars on nest years Federal taxes if you donate it to a registered 5013c charity. Make sure they offer free removal and the right paperwork, and you can usually save some cash later.

If you need cash now for scrapping your car, don't hesitate to get at least three offers. Finally, make sure that they offer free towing without any hidden fees. The rule of thumb is that even a medium sized car with no reusable parts is worth $200 in scrap steel. If it costs $75 to tow it, $25 in marketing expenses, and you and the business split the rest, you should get at least $50 for scrapping your car.