Ah, tax season. That magical time of year when you’re either celebrating a nice refund or wondering how in the world you owe that much. Either way, it’s never fun.
But what if you had a hidden windfall just sitting in your driveway? That old junk car you’ve been meaning to get rid of could be the financial boost you need. Whether you’re looking to cover tax season expenses, settle an unexpected bill, or just give your budget some breathing room, selling your junk car might be the easiest tax season win.
If your tax bill caught you off guard, you might be scrambling for extra funds. But before you start digging into savings or taking on extra work, consider this: your junk car could be worth more than you think.
The IRS states that losses from selling personal-use property—like your old car—aren’t tax deductible. However, that also means you won’t owe taxes on the money you make selling it. Instead of letting that old car sit around collecting dust (and draining your wallet with insurance and fees), you could turn it into an easy payout without worrying about tax penalties.
Junk car buyers like Peddle make selling simple—no haggling, no sketchy meetups, and no waiting weeks to get paid. Just get an offer, schedule a free pickup, and get paid.
You were counting on that refund, but now the IRS is moving at a snail’s pace. Maybe your return is “under review”, or maybe they’re just keeping you on your toes. Either way, bills don’t wait, and neither should you.
TurboTax recommends setting up a payment plan with the IRS if you owe taxes, but they also suggest selling assets—like an unused vehicle—to cover unexpected tax bills. Instead of worrying about penalties or interest charges, you could use the money from your junk car to settle your tax bill quickly.
Selling your junk car can help bridge the gap while you wait for that delayed refund. Instead of stressing over due dates, you could turn that old car into a quick payout today.
Still paying insurance on a car that’s just collecting dust? Pouring money into a fixer-upper that you’ll “get around to” someday? That junk car isn’t just taking up space—it’s likely draining your wallet, too.
Even if you’re not driving it, you’re probably still paying for it—whether it’s insurance, registration, or storage fees. Selling it means you stop the money drain and get something back for it instead.
Filing taxes is already enough of a headache. The last thing you need is a complicated process to sell your car.
That’s why Peddle makes it ridiculously easy. No confusing paperwork. No waiting around for a buyer who “just needs to check with their friend first.” Just a fast quote, free towing, and money in hand when we pick up your car.
Instead of dreading tax season, flip the script. Selling your junk car can help with unexpected expenses, overdue bills, or just getting some extra room in your budget.
Whether you owe taxes, need to pay off lingering expenses, or just want to offload a car you no longer need, Peddle makes it easy to sell your car for taxes—without the hassle.
Get an offer today and take one more financial worry off your plate!