Minimum selling price of a running vehicle??

[DriveHard]

Had something similar and donated it. It just took a phone call. Leave the keys and signed title in the sun visor. They come load it on a flatbed and give you a voucher for a $500 tax deduction. If it sells for higher, they send you a revised deduction form for even more. MUCH easier than dealing with trying to sell it to shady folks who would be interested in a cheap car like that.

 

[SeaJay]

I don't have a great sense of the market by me, but I think a running, driving car with good rubber and working A/C by me would bring $1,000 easy.

 

[Wolf359]

Originally Posted By: DriveHard
Had something similar and donated it. It just took a phone call. Leave the keys and signed title in the sun visor. They come load it on a flatbed and give you a voucher for a $500 tax deduction. If it sells for higher, they send you a revised deduction form for even more. MUCH easier than dealing with trying to sell it to shady folks who would be interested in a cheap car like that.


Yeah, but if you're in the 25% tax bracket, a $500 value is only worth $125. You probably would have gotten more just for the metal scrap value at a junkyard.

 

[andyd]

brages, thank you for update

 

[jakewells]

I gave $600.00 for my nova it only needed the rear brakes repaired and a windshield.

 

[eljefino]

^ You could bring that up to Maine and get mid $3ks any day of the week.

 

[DriveHard]

Originally Posted By: Wolf359
Originally Posted By: DriveHard
Had something similar and donated it. It just took a phone call. Leave the keys and signed title in the sun visor. They come load it on a flatbed and give you a voucher for a $500 tax deduction. If it sells for higher, they send you a revised deduction form for even more. MUCH easier than dealing with trying to sell it to shady folks who would be interested in a cheap car like that.


Yeah, but if you're in the 25% tax bracket, a $500 value is only worth $125. You probably would have gotten more just for the metal scrap value at a junkyard.


I am...which means its worth more in my own time to make a 5 minute phone call and have the car disappear instead of dealing with flakes from CL. Plus, I am helping out a local charity!

 

[Wolf359]

Originally Posted By: DriveHard
Originally Posted By: Wolf359
Originally Posted By: DriveHard
Had something similar and donated it. It just took a phone call. Leave the keys and signed title in the sun visor. They come load it on a flatbed and give you a voucher for a $500 tax deduction. If it sells for higher, they send you a revised deduction form for even more. MUCH easier than dealing with trying to sell it to shady folks who would be interested in a cheap car like that.


Yeah, but if you're in the 25% tax bracket, a $500 value is only worth $125. You probably would have gotten more just for the metal scrap value at a junkyard.


I am...which means its worth more in my own time to make a 5 minute phone call and have the car disappear instead of dealing with flakes from CL. Plus, I am helping out a local charity!


I wasn't referring to the flakes on Craigslist. I was referring to the local junkyards. It's one price if you drive it to them, another if they have to come pick it up.

Also I'm usually not that enthused about those charities. Lots of times, they just end up with small pennies on the dollar due to fund raising costs and administrative overhead. Those commercials on the radio/TV aren't free.