The charity will sell the used car for parts and put the cash earned back into the program, or it might use the vehicle for mobile services it offers, fixing up the car to save cash on an otherwise expensive purchase. There are a lot of charities that offer car donation programs. (See also: Drive the Old Car or Buy a New Car?) 1. To help you decide how to dispose of your beater, here are eight ideas that can make you money, save you money, and give aquatic animals a new place to call home. While it may seem as though your beat-up old car is on its last leg, rest assured that it still has a little life left - perhaps even a whole new one. ![]() But almost worthless isn’t completely worthless. After about 10 years, the vehicle is almost worthless, especially if you bought it used. As soon as you drive off the lot in your new car, it depreciates in value by about 15%, and continues to depreciate by about 15% every year thereafter.
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