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Why Donate a Car?

Here you can find 6 significant reasons why you need to donate your car to charity: 1. Donating a car to a charity can help you to contribute your support to the charities that you believe there are trustworthy in their work. 2. You can give your old car to charity so that they can use it for their needs. Many charities use these donated cars to take elderly people to hospitals or doctor, deliver meals to old people, or use it for any other charitable needs. The best charity organizations that are very reliable include Goodwill, United Way, and the Salvation Army. Some of these trustworthy organizations use these old donated cars to train individuals in vocational schools and community colleges.

3. The process of getting a tax deduction has become strict since the law was reformed in 2004. Even with strict rules, you can still claim fair market value if you donate a car worth over 500 dollars, or if the charity sells your car, they must provide written notice that indicates the sale of your car. If the donated car is used by the charity for its needs, then you should get written certification of planned and intended time of use. Also, the charity service should not exchange or sell the car before the planned and intended time of use. You should also get an independent affirming evaluation if your car is worth over 5,000 dollars. However, if the car is worth 500 dollars are more, then you must file IRS Form and affix it to your return. 4. You can avoid selling a car by yourself when you donate a car to charity. You can save money on ads, and you don’t need to deal with emails or phone calls. Also, you can avoid showing the car to buyers and negotiate the sales price with potential buyers. 5. Most of these popular charity organizations will collect the car from your place when you donate your old car. They don’t charge towing charges, but they will deduct the cost from the car’s price that reduces your tax deduction. However, you can as well drive it to charity organizations if you do not want a reduction in your tax deduction. 6. You can donate your car to charity if it doesn’t have a proper title. Yes, you can get rid of them as some charity organizations will accept the car without proper title. The charity organization can sell the car parts or sell it for scrap, which may reduce the cost of your deduction.

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