Donate My Car - A Primer On Individual Car Donation
When most people hear about car donations, they are often discouraged because they feel that it will be a long process that will cost them a lot of money. Nothing can be further from the truth. In reality, donating your car to a charity can be just as quick as trading in your car through a dealer. Remember, the charity needs the car from you, and will make it convenient for you to turn it in to them. To donate your old car to a charity, the first thing you will need to do is contact charities in your area. They will be able to answer any questions you have about donating your car. Many of them will visit you at your home and pick up your car, saving you money on shipping.
There are many laws pertaining to car donation. People will no longer receive fair market value, so do not let this catch you off guard. You will only get the amount that the car donation service or charity was able to get for the car that you donated. Many people do not find this as a problem, since they know they are doing a good deed. Sometimes receiving less money is OK when it is a convenient way to get a problem car off of your hands.
make a wish There are many ways to make a difference on a local level here in the USA. You might think that donating clothes to the Red Cross or volunteering at a local shelter or soup kitchen are your only options but you can actually help make a much bigger impact on the poor, hungry and homeless American children. Through several organizations you can do a car donation and answer a family's prayers. Making a difference is just a phone call away.
Just making a donation is not enough. You will have to ensure that the vehicle is transferred to the charitable organization. After the vehicle has been re-titled, you will have to report this transfer to the DMV (Department of Motor Vehicles). If you don't do this you will answerable for parking fines and other traffic violations of whoever is driving this vehicle. Don't leave blanks on the donation papers.
If the charity does not sell the vehicle then you need to get an acknowledgment from the charity stating the use of the vehicle. If the value of your donation is under $500 then you don't need a sales receipt. But recheck the market value from sources such as the Kelley Blue Book or the National Auto Dealers' Association guide.
The first thing you need to consider when donating a car is if the charity you have chosen is one that is eligible. They have to have been given 501-(c) (3) status by the IRS in order for you to get any benefit from your donate cars fast. Ask wheels for wishes phone number to see proof of this before you sign anything.
The best thing when you donate a boat or a car to charitable institutions is that you are able to help the needy through these institutions. You can be the richest man in the world but if you cannot share your blessings to those that need it the most, you are nothing. Giving is a very rewarding deed. When you give to others in need, you will also be given when you are in need.
There has not been an easier way to donate a car before this. Hence, if your car is not in a drivable condition, this is a great way to get rid of it and ensure that someone else can put it to better use.
From there, you can get the information that you need in order to get a tax deduction that will be worthy of the donation that you made. Not only will you be able to make a difference and help your favorite charity, you will also be able to get a tax deduction in the process.
If you are still asking yourself this question as to why on earth would you want to donate your vehicle, the answer and reason are simple once again. Donating your vehicle is a fast way to get rid of it. All you need to do is make a call to the charity and they will take care if the rest. This will save a lot of your time, and you will not have to show it to hundreds of buyers who are probably not even interested in buying.