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5 tips to becoming a one-car family

Unload your second car
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Unload your second car

The method you choose for getting rid of an unwanted car might steer some additional cash your way, Gerhard says.

"If you really want to try to get top dollar, sell it yourself," he says.

If convenience trumps money, Gerhard suggests seeking an auto broker or used car seller such as CarMax or AutoTrader.com.

Donating the car is good if you're feeling philanthropic, but tax write-offs vary, depending on the car's charity auction value, he says. Alternately, if you've got a clunker, the local salvage yard might tow the car for free and pay you for the parts.


 

 

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