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Best Way To Utilize Car Donation Programs

Jul 19, 2008
Let?s face it, when you want to sell your old car it can become a pain in the neck quickly. You make appointments and change your plans and no one shows up. You spend your time home from work on the phone fielding ridiculous requests just to get one good prospect who is the one who never shows up. You can eliminate the stress and problems with trying to sell your old car simply by finding a car donation program.

Finding a car donation program should be fairly easy as there are many charities that set up this kind of donation. Many charities will come to your home and remove your old car with no out of pocket expense to you. There are very little restrictions when you look for a car donation program to utilize your old car for the good of others. Most charities that run a car donation program only require that you have four inflated tires.

The IRS itself, in recent years, has become alarmed at the proliferation of car donation programs run by fundraisers which end up keeping the bulk of the proceeds they receive for donated cars. The IRS recommends that it you are considering any of the car donation programs, you contact the people running it and get a clear answer as to whether they are charity officials, or private group acting for the charity.

If you find that they are a private group running the car donation programs of several charities, find out exactly what they plan to do with the car you donate. Will the car be repaired and given to the charity to help in its work? Or do the fundraisers intend to auction the car off and if so, how much of the proceeds will go to the fundraisers, and how much to the charity?

Legitimate car donation programs greatly simplify the process of connecting you with a charity which will benefit from your gift. But it's your responsibility to research the various car donation programs in you area and ensure that as much a possible of your car's value will be channeled to the charity, and that the charity itself is one recognized by the IRS. Otherwise, your well-intended car donation may turn into a big problem at tax time, when you attempt to take an unwarranted deduction!
About the Author
Learn about car donation dallas 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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