New Year, New Car - What To Do With Your Old One
Whether it’s a trusted ride that's seen better days or a vehicle that’s no longer running, deciding what to do with your old car can be a challenge. At Homeless Cars, we believe donating your vehicle is the best solution—and here’s why.
Why Donate Your Old Car?
Support Worthy Causes: When you donate your car to Homeless Cars, you’re not just getting rid of an unwanted vehicle—you’re making a meaningful impact. Proceeds from car donations help fund incredible organizations like:
Interval House Hamilton: Providing safe shelter and support for women and children escaping abuse.
North York Harvest Food Bank: Ensuring food security for individuals and families in need in Toronto.
Edmonton’s Food Bank: Distributing food to those experiencing hunger and supporting community food programs.
Your vehicle can turn into meals, shelter and hope for those in need.
Tax Benefits: A vehicle donation to Homeless Cars is tax-deductible, offering financial benefits when you file your taxes. It’s a win-win situation: support a good cause and reduce your tax burden.
Tax Deductions for 2024: The Government of Canada intends to amend the Income Tax Act to extend the deadline for making donations eligible for tax support in the 2024 tax year, until February 28, 2025. This means you still have months to donate your car and apply the receipt to your 2024 taxes!
It’s Hassle-Free: Donating your car is straightforward and convenient. Homeless Cars handles everything, from free towing to ensuring you receive a tax receipt for your donation. No need to deal with ads, haggling, or paperwork—we’ve got you covered. Check out the donation process here.
Environmental Benefits: Recycling or repurposing your car prevents it from sitting in a landfill, leaking harmful fluids, and taking up valuable space. Homeless Cars ensures vehicles are disposed of responsibly, minimizing their environmental impact.
Alternatives to Vehicle Donation
If donating doesn’t sound like your first choice, here are some other options—and why they might not be ideal:
Selling It Privately: While selling your car yourself might yield a bit of cash, it often involves weeks or months of effort. You’ll need to:
Write an ad and post it online.
Deal with potential buyers, including lowball offers and no-shows.
Complete the paperwork and ensure a safe transaction.
For many, the time and hassle aren’t worth it—especially for an older or non-functional car.
Parting It Out: Dismantling your car and selling the parts individually can be profitable, but it’s also labor-intensive and time-consuming. It requires expertise, tools, and storage space for the parts. Plus, some parts may not sell, leaving you with leftover junk to dispose of.
Trading It In: Dealerships may accept your old car as a trade-in for a new one, but the trade-in value is often significantly lower than what you might expect, as they are not the end user and need to profit off of your old vehicle. Plus, this option is only viable if you’re buying another vehicle.
Have you reviewed your options and decided donation is right for you in 2025?
Donating your car is simple with Homeless Cars.
Here’s how it works:
Visit our website or call us at 1-833-465-7227 to fill out a short donation form.
We’ll arrange for free towing at a time that works for you.
You’ll receive a tax receipt for the value of your donation for the 2024 tax year.
This New Year, make a resolution to help others while simplifying your life. By donating your old car to Homeless Cars, you’ll make a lasting impact on people and communities in need. Let’s drive change together.