Car donation to charity is a great alternative. It avoids all of the hassles of a trade in, or private sale. You receive the full “book value” of your car as a Tax Deduction, and more often than not – you end up helping a family in need.
There are many charitable organizations that accept vehicles as donations. Some resell the cars and any proceeds go to benefit the given charity, others will use the donated cars within the charity, and still others actually fix up the car and provide it at no charge to a needy family. In any case, and no matter whom you choose to donate your vehicle to, the process couldn’t be simpler – your car does not even need to be running for it to be accepted for donation. Usually you can fill out all of the paper work online, you receive a receipt for your tax deduction, and the charity arranges for towing service to pick up the vehicle. Some charities offer other incentives or “bonuses” to thank you for your donation, such as vouchers for trips, hotel stays, or restaurants.