Posts Tagged ‘Credits’

CapeGazette.com: ITNSouthernDelaware co-op member trades car for credit toward ride services

November 18, 2015
‘ITNSouthernDelaware co-op member trades car for credit toward ride services

Member Carol DeCatur, left, has donated her car to ITNSouthernDelaware. Shown with her is Pete Renzi, director of operations for i.g. Burton.

When Carol DeCatur found out she could trade the value of her car for credit toward future ride services, she immediately called ITNSouthernDelaware. Although DeCatur still drives, she said, “Two cars in the garage is one too many!”

In exchange for her 1993 Chrysler LeBaron, she will receive the highest local value of her car deposited into her personal transportation account as mileage credits for future use.

A car remaining unused in the garage still costs money. Registration and inspection fees, insurance, and maintenance costs can mount up to as much as $8,000 a year. ITN’s trademarked CarTrade program allows a person to trade a car for mileage credit in a member’s rides account, or to donate the car outright for tax purposes. Both programs are especially popular during the holiday giving season. Cars, trucks, motorcycles, boats and even RVs can be donated through the CarTrade program.

Read the full article online here.