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Reply to "Should I sell my car, or donate it? Was would make more financial sense?"
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[quote=Anonymous]If you think you can get $1500 for it, you'd probably need a tax deduction of about $4500 to come out equally financially. (Depending on your federal and state marginal tax rates.) We donated a car and it was very easy. That was our main incentive--we just didn't want to deal with the hassle of flaky buyers, setting up appointments, answering questions, dealing with payment, etc. With the donation, we just set it up online, and they came and got the car and left all the necessary paperwork in our mailbox. We went through WAMU, but there are a lot of other reputable places that take them.[/quote]
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