Unload your second car5 of 7The 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. Related Articles:Compare auto loan ratesRead more auto storiesResearching car insuranceShould you buy or lease?Related Links:Should you buy or lease?Refinancing a car loanSaving on new car insuranceBuy a car with a HELOC? advertisement
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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