When a boat gets so old and worn down that it isn't worth money anymore, it's referred to as a junk boat.
Read MoreA car doesn’t necessarily become useless when it’s coming close to the end of its lifecycle. However, continuing to drive a boneshaker may be unsafe.
Read MoreA junk car is an eyesore that does nothing but take up space in your garage or driveway. It's usually beyond repair and much better off at a salvage yard, which you can recycle for cash.
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