The value of a 7 year old washer will vary with it's condition and how much it's been used which isn't stated. For example, a washer kept outside or in the garage and used for a large family on an almost daily basis is going to be worth a lot less than a pristine looking unit that has been indoors and used do to a couple of loads a week. Same as you'd judge the value of a used car. Assuming the unit is in excellent condition and works perfectly, a used machine may sell for up to $250. Beyond that most people will opt for a lower end new machine with a warranty rather than a more sophisticated older one that will most likely soon need repairs. Idea: Consider donating it to a women's or children's shelter, halfway house or homeless shelter. You can usually value the contribution at half the retail cost and deduct it from your income if you itemize. The tax savings may be worth more than what you'd get selling it. Just be sure to get a letter from the charity to substantiate the deduction.
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The value of a 7 year old washer will vary with it's condition and how much it's been used which isn't stated. For example, a washer kept outside or in the garage and used for a large family on an almost daily basis is going to be worth a lot less than a pristine looking unit that has been indoors and used do to a couple of loads a week. Same as you'd judge the value of a used car. Assuming the unit is in excellent condition and works perfectly, a used machine may sell for up to $250. Beyond that most people will opt for a lower end new machine with a warranty rather than a more sophisticated older one that will most likely soon need repairs. Idea: Consider donating it to a women's or children's shelter, halfway house or homeless shelter. You can usually value the contribution at half the retail cost and deduct it from your income if you itemize. The tax savings may be worth more than what you'd get selling it. Just be sure to get a letter from the charity to substantiate the deduction.