You must have heard about the latest trend of people donating their cars to charity organizations. Donating a car has its own benefits. The most important benefit, aside from the fact that you are doing something good for people in need, is that car donation can save you from the Tax deduction as well.
Many people would avoid donating their car just because they feel that the process is complicated or simply don’t have enough information. Most of the time, people just don’t get it that why a charity needs so many cars? Usually, the non-profit organizations who accept cars as a donation don’t always keep the cars with themselves. Often the car is put in the auction to raise money or if the car is in bad shape, it is sold for scrap metal and parts and the money goes to charity. Donated car may also go to a family who may have lost their house or cars in some natural disaster.
In any case, donating a car can really help.
Now that you have a clear picture how car donation can help, here are five simple tips for making the car donation process really simple.
Five useful tips for car donation
Decided to give your car to charity? See here for a list of some good charity programs. We advice you to read more about this before you end up donating your car.
To donate often gives a good and clean mental condition but one can as well be rewarded with tax deduction from such. There is no limit..
Can I claim a tax deduction on my car donation to most charity agencies? Yes. They accept almost all vehicles, including cars..
Like any other industry, the car-donation can be riddled with fraud and misleading information and you should proceed..