Is it time to buy a new car? If you're like most people, you'll likely take your current vehicle to the auto dealership with you to try and get some money off of a trade in towards the purchase price of the new vehicle. But what do you do if your vehicle is so old or beat up that the auto dealer doesn't want it. While you could try selling it for a small sum of money, that option might be more hassle than it's worth. A better option you may not have considered would be to take your vehicle to an auto recycling center. Here are 3 benefits that choosing to recycle your old vehicle can provide.

Tax Deduction

If you think there is no financial benefit to taking your junk vehicle to the recycling center, guess again. The IRS allows you to claim a tax deduction on a recycled vehicle. The amount in most cases is up to $500. Check out the PDF file for "A donor's guide to car donation" on the IRS official website for more information.

Environmental Benefits

Choosing to recycle your car into scrap metal is an environmentally friendly thing to do. Recycling scrap metal provides a savings in greenhouse gas emissions when compared to mining and processing metal from new materials. When you recycle your vehicle, all of the internal fluids like the gasoline, engine oil, transmission fluid, brake fluid, etc will be properly and safely disposed of.

You May Be Able To Get Some Spare Parts Out Of It

When you junk a car, you are likely putting some used car parts onto the market for other potential car owners to benefit from. But when recycle a vehicle, you may also be given an opportunity to keep certain parts under the hood that you would like to keep yourself. Maybe the outside of the car is damaged enough that it's not worth keeping but there are internal parts that would be worth saving in case of emergency. Discuss your options with the local recycling center and they may be willing to hook you up with the parts you would like before they junk it.

If your old car isn't worth selling, consider recycling the vehicle instead. You can actually benefit financially thanks to an IRS tax deduction on recycled cars, you will be doing the right thing for the environment by creating scrap metal and having the internal fluids disposed of properly. And finally, you may have an opportunity to save some internal used car parts for future use. Contact a business, such as Miamitown Auto Parts & Recycling, for more information.