well i got a 93 honda accord that doesnt run. played out on my a few months ago. anyways i can probably sell it as is for about $400 bucks, but i was wondering if i donate it would it be worth it. Could i possibly get more back on my income tax next year or should i just try to sell it? thanks fellas

 

depends on how you do your taxes, usually if you take the average deductible, small donations like 400 wont change your refund at all, but if you add that on top of everything else you donate and have more than whatever the magical number is, you could benefit from it.

 

Can you pm me some pics... My friend might want it, Hes in to the import scene and hes got a 90 accord

 

well i cant sell it yet, i have to wait until i get another beater cuz if i get rid of the honda right now my insurance will go up

 

Sell it, I donated a car a few years ago and it was NOT worth it. Cash is always better than a piece of paper related to the government.

 

I can't say i agree with cheyenne383. cash is king yes. but only is you're strapped for it. Otherwise I kinda like the idea of car donation for Charity!

 

It doesn't run. Will they accept it in that condition?

 

anyone want to bet that we never see danjones post again? ignore the troll, take the cash!

 

What do you get as a dollar value on your tax benefit is the question here. I am assuming you are donating it a charity that deals with a wrecking yard. We have the "Kidney Car Foundation" here and all their stuff goes right into the Pick and Pull yard. They even set up an office at the yard, lol.

When I dumped my girlfriends old 94 Tauras I had 2 options. It was either $150 cash or the same as a tax reciept........ well for that I will take cash, lol. Sad part was for $150 I drove the car about 40 miles to the yard. Just had to make sure it had oil and coolant in it...... because it ate both in large quantities... Lol

 

If it were me, I'd give it to a needy family if it were reliable at all. But if you need cash, $400 is definitely better than nothing. Donating it won't make a big enough difference as a write off, so if you're looking for the best cash value, definitely forget donating it.