Selling a used vehicle can be a hassle – consider the time, energy and money spent to advertise, show the vehicle to potential buyers, negotiate a price and do the paperwork, not to mention concerns about safety and the out-of-pocket costs involved in the transfer. We call this the hassle cost.
If you sell your used car yourself, you’ll bear the hassle cost. If you give your used car to charity and they handle almost everything, you’d avoid the hassle cost.
The dollar value of the hassle cost is a matter of personal opinion. The value impacts your Calculator results.
- The higher your hassle cost, the lower the overall benefits of selling and donating proceeds.
- The higher your hassle cost, the better donating your car looks when compared to selling and donating proceeds.
- The lower your hassle cost, the higher the overall benefits of selling and donating proceeds.
Once you decide, you enter the value you’d choose in the Hassle Cost box in Step 4.
Posted in: Car Donations