Towing Information

Vehicle Removal Service

4/1/2014

You're looking for vehicle removal and it seems simple, Google the term and call the first company you find. Sure that might work, but why not do it as efficient as possible and what makes a vehicle removal service efficient?

Towing companies will generally offer a vehicle removal tow of a non-operating vehicle. You may get charged by these companies though. Now considering the towing company takes it to the scrap yard and makes money off of the salvage it seems fair to do this service without charge.
In addition to offering you the tow without charge it would only seem fair that you be rewarded a finder's fee. Without you there would be no gain for the company, so it seems right that there should be gain in return for you.
Don't be fooled by sneaky companies, make sure upon handing over the title for the vehicle you are being handed your payment as well.

Kar Toad Towing offers you free vehicle removal on top of compensation paid accordingly. Call Kar Toad Towing
(801) 974-9561. We will offer you a fair price, pay you cash on the spot, and remove your vehicle for free.

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Get Cash for your junk car

3/11/2014

3 Comments

Have too much junk in your yard?

Like many who have lived a fun and adventurous life, you have probably collected a bunch of things that may or may not have aged well with time. Having a yard full of clutter is not fun, so what do you do with all the things that are accumulating dust and getting in your way? Well if your variety of junk is motor vehicles give Kar Toad Towing a call and we will give you cash for your car, truck, trailer or equipment.

Well how do I go about getting cash for my car you may wonder? Let us go over a short list of the steps to get cash for your vehicle with minimal hassle.

Locate the title

As a buyer in Utah we need to have the title or we can't do anything with the vehicle. Don’t worry if you're not able to find it, you can always get a replacement from the DMV. (If the paperwork is confusing for any reason call us and we will have one of our highly skilled staff assist you in the process of getting the title you need.)

Call Kar Toad Towing

Now all you need to do is give Kar Toad Towing a call at (801) 974-9561. From here, you will speak with one of our drivers and we will gather a bit more information from you about your car.

We will need the make, model, year, condition of the vehicle, and where in Utah it is located.
We will then give you a fair and honest price quote for your vehicle

Pick Up or Delivery

The final step is arranging a time for us to pick up the vehicle. Have your title ready when we come to pick up your car, and our driver will hand you cash for your car.

That is it you are done! Our cash for car service is prompt and reliable. Selling your vehicle for salvage can only benefit you. Regardless if your vehicle is old, wrecked, burned, damaged. You can still get cash for it. By doing this you not only keep your vehicle out of a landfill, you get rid of that dust collecting lawn trophy that is always in your way, all while making money. All it takes is a phone call for you to get cash for your car.

Call Kar Toad Towing at (801) 974-9561

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Is Cash for Cars more beneficial than a donation for tax relief?

2/18/2014

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Should you donate your car?

The most obvious benefit in regards to donating your car is the tax break you can receive. But there is more to it than that. You may think a donation would make financial sense, this is not always the case.

What should you do?

What is the best course of action? Donate your vehicle, or call a service that will offer cash for your car?

Consider these tax requirements for deductions:

First off the charity must qualify as a 501(c)(3) organization in order to offer to a tax deduction. ( If that is something you need to find out you can confirm it through the IRS website, additionally you can call them at (877) 829-5500.)

You may only deduct Fair Market Value under very specific conditions. You must:

           - Itemize your deductions
           - If you use a 1040 tax form it must be your only deduction
           - If your going to use a 1040EZ you can not deduct anything for that                 car!

The Charity must plan to use the vehicle in it's work

The Charity sells/gifts your vehicle to a needy person at a rate below fair market value

If the Charity will be making material improvements to your vehicle in order to extend it's life. Minor services will not count.
If the Charity decides to auction your vehicle instead of use it, they will try to get as much money as they can from the auction. But if they make a total of $500 or less, you may only deduct the fair market value or $500 you get whichever amount ends up being less.

Fair Market Value?

The thing to remember about fair market value is that it needs to be completely objective. Its hard for any car owner to look at their car and see it for what it truly is. Try using sites like Kelly Blue Book to determine value but have someone that doesn't care about your car help you determine the condition. Honesty with yourself is probably the best policy for determining your junk cars value.

Receiving Fair Market Value is not common. Few of the cars picked up by charities are fit to give to the people they want to help.

In fact the CEO of 1-800-CharityCars Brian Menzies, told Edmunds.com

"If 5 percent go to our clients, I'm thrilled,...Although we take any car, about one-third go straight to salvage, i.e., junk...The rest are auctioned and the proceeds go to the charity of the donor's choice"

So a $500 tax deduction doesn't seem so bad right?

What it comes down to is your tax deduction does not equate on a dollar to dollar ratio.
The benefits you will reap entirely depend on your tax bracket. If you happen to be in the 15% tax bracket and donate a car that is worth $1,000, your reduction in taxes will be $150.
Most vehicle deductions are only $500! If you do the math the average person who donates a car to charity only gets a $75 value out of it, and the worst part is you never even get to see that money.

Well what should you do instead then?

There are plenty of companies that will buy your car running or not! Kar Toad Towing in Salt Lake City, Utah is one of those companies. We offer $200 or MORE for any complete vehicle with a title. Hop on over to our Cash for Your Junk Car Page to see exactly how easy making money can be! We pay cash upfront so you can walk away knowing exactly how much you made. No messy tax code, no ridiculous requirements.

If you wish to learn more about cash for cars call us at (801) 974-9561. We would be glad to answer your questions, and set up a time that's convenient for you to have us remove your vehicle.