Thursday, January 10, 2019

Points To Think About When You Donate A Car

If you've ever had an old and unwanted car that you needed to get rid of fast, you'll know that selling a vehicle isn't always the simple solution that you thought it was. Most of the time, when people go shopping for a new vehicle, they'll be looking for a dealer that will let them buy on finance or take out a car loan. That means that cars on selling pages or classified sites can sit idle and rust for months at a time.

A much better option for those who need a solution fast in getting rid of an old car, is going for a donate a car charity program. This simple program allows you to donate your vehicle to a cause in need, and it's often a win-win situation for both you and the non-profit.

What Happens When You Donate a Car?

When you donate a car to charity, you not only give something back to your community, you also bypass the headaches that come with trying to find a local buyer for your vehicle. You can usually drop your unwanted car off at the charity whenever you like and receive a receipt from the non-profit organization which you can then put towards a tax deduction at the end of the year.

Just remember that you will need the details of the charity's registration on the receipt, and you will have to make sure that the receipt is valid in the eyes of the IRS. If your receipt ticks all the right boxes, you can add it to your tax return.

How to Donate a Car

You might think that there's a lot to think about and organize when you decide that you want to donate a car. However, the truth is that donation is often much simpler than it seems. The charity you work with will handle much of the hard work for you, so all you need to do is make sure that you're happy with the non-profit you choose.

Remember to spend some time browsing the available charities online that are willing to accept car donations, then pick the one that feels like the right fit for you. You can always call the charity to ask any questions you might have too.

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