Thursday, November 27, 2014

What Happens To Your Vehicle After You Donate Car To Madison Charity

There are many advertisements online and in physical media that ask people to donate their cars to charity in Madison, Wisconsin. However, few people actually understand how the process itself works. Many of us are aware of the existence of Madison donate car charities, and quite a few of us have used these services, mainly because of the tax benefit they can give us. However, generally, all we do is contact the charity and wait for our tax receipt to arrive in the post, without any thought about what has happened. So when we donate car Madison charities receive, what do they actually do with our vehicles? Several options are possible.

Charities Sell to Recycling Plants

The first option is that the charitable organization sells your vehicle to a scrapyard or recycling plant. This is actually the most common option, because most people who donate car to charity give vehicles that can no longer be driven. These are the cars that would cost so much to repair and make roadworthy again that it would be easier to simply get rid of them. Vehicles are in high demand with recyclers, however, as around 90% of all the elements in a car can be reused to create new cars or other metal objects. As such, when you make a donation, you also help the environment.

Charities Auction to the Highest Bidder

If your vehicle is still roadworthy, then the charity is most likely to sell it for the highest possible price through an auction. It is for this reason that you may not only donate car to Madison charity, you may also donate any other kind of vehicle, from planes to jet skis. When a charity like Rawhide (with online site at sells a good quality vehicle at auction, they are able to raise significant funds to further their cause. It is also in these cases that using a 501(c)(3) registered charity is so important, as it is possible that the value is above $500, which means you must have a tax receipt to claim your deduction when you file your income tax return.

Charities Give Your Car to Service Users

In some cases, your vehicle will be given to a particular recipient of the charitable organization. This is only possible if your car is in excellent condition, however. When you donate car to charity like Rawhide, it will be auctioned or sold to a scrapyard rather than given away, but some charities do look into this possibility. By donating the vehicle to a service user, they allow people to have a means of transportation to attend medical appointments, gain an education or even find work. It can be a lifeline for people who would otherwise be virtually stuck at home.

As you can see, there are three possible destinations for your old vehicle when you donate car Madison charities will be receiving. Each of these will help the users of a charity of your choosing tremendously. Do find out from your charity what they intend to do with your old vehicle, as this may help you decide which charity you find deserving of your donation.

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