Despite the fact that many drivers can get a tax credit for donating used vehicles, many choose to sell their old cars for a profit.
According to a recent survey from Kars4Kids, a nonprofit organization that collects old automobiles and then puts the funds toward charitable endeavors, found that only 5.4 percent of adults currently donate their cars after making a new purchase. Another 4.6 percent will keep their old cars and just not use them, but the vast majority choose to sell the rides to another individual.
Although donating a vehicle to charity may ease the burden on a driver's wallet, only about 10.5 percent of people in the U.S. have ever done it, and few are looking into the possibility of donating one in the future.
"We were surprised to learn that a very low number of adults donate their car to charity despite the financial and environmental benefits," said Avi Gordon, CEO of Kars4Kids.
Not all used cars are ready to be relegated to the donation box, however. Plenty of pre-owned vehicles are more than capable of handling the demands of everyday driving, and in some cases they are relatively modern automobiles that can provide an upgrade for others on the road. For those who aren't ready to invest in a brand new vehicle, a used car is a great option.
There are many benefits to buying a used car, whether you're looking to replace a donated vehicle or just searching for the right model to upgrade to. Those who go shopping at New Jersey Auto Auction, which features a variety of CARFAX certified used cars, can find the model that best suits their needs.