Talk of The Villages Florida - View Single Post - Thinking of selling a 1993 Nissan Maxima and need suggestions of how to do that in TV
Thread: Thinking of selling a 1993 Nissan Maxima and need suggestions of how to do that in TV
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Old 12-11-2022, 07:06 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by CoachKandSportsguy View Post
There's not a line outside of Caravana nor Carmax for 30 year old cars. If all else fails, donate it to organizations who take cars for cancer, etc, and take the deduction.
The IRS no longer allows you to deduct the book value of a car, unless the charity uses the car for their business. If they sell the car, you can only deduct the amount that the charity actually sells it for. Personally, I wouldn't take a 30-year old car if you gave it to me.