Your old car was replaced years ago with a newer model.
Help an Organization in Need
Nonprofit organizations often struggle with funding and have to resort to fundraising events to raise money. Your donation goes a long way and really helps an organization in need. Most charities will gladly accept your donation and will even arrange a free pickup for you. You can also make the deliver yourself assuming your vehicle is still in working condition.
Donating your vehicle can also result in huge tax savings the next time you file. For example, if the charity is able to sell your car at auction for $4,000, you can claim a $4,000 deduction on your tax return. You can also make a deduction based on the fair market value of your car. You can find a number of used-car pricing guides online to determine your vehicle’s pricing guide.
If your old car is sitting in a garage, that is storage space you could otherwise have been using. Donating a car helps clear up more space in your property so you have more room to park your new car or move any other belongings to.