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Donate a Car To Charity : How To Go About Doing It and Why

Jul 16, 2008
If you have an old car in your garage (or backyard) and you don't have a clue how to get rid of it, one way is to donate your car to a charity. You might think that your old car won't matter at all and it's a piece of junk, but your car can still be useful. You will be helping a lot of people, and at the same time gain something for yourself. Car donation is the best option to get rid of an unused car while giving you the chance to help yourself and others. Your charitable donation might mean a lot, without you even realizing it.

As long as you have a receipt, you will get credit on your taxes for any money you give to charity. Any item you donate to charity can also give you tax credits and you can claim the full amount of any donation. A lot of people give car donations to charity when they have plans to purchase a new car.

Many people think that giving car donations to charity is better than trading in their old cars. An old car may not be worth much to a dealer but a charity can do a lot with it. The car itself may not be the only important aspect of car donations to charity. Those who run the charity have the option of selling the parts or the scrap metal for the cash needed to maintain the charity.

Donating your unused car to a charity is a great way for you to get a deduction on your taxes. Some of the organizations use the cars for their services and personal travel, while the others sell them directly to raise funds. You should also know that some programs aren't run by charitable institutions, but rather salvage companies that use the name of the charity as a front, and in return they pay the charity a set amount for each of the vehicles donated.

You should never forget to keep a receipt for your car donations to charity if you want to claim it on your taxes. Keep in mind that you can only claim it for the year in which you made your donation. It will not be a valid deduction if you try to claim it on the taxes you file for the next year. You can still feel good about the donation, even if you are unable to claim a valid deduction. You will always feel good if you have helped someone who is less fortunate than you.
About the Author
Learn about car donations to charity by visiting http://car-donation-advisor.info and get a FREE limited report on "Car Donation Programs" by visiting http://car-donation-advisor.info,a website providing free advice on how to donate your car
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