Where To Donate Cars - If you have a car that you think would
give you a good tax write off you may be wondering where to donate your
car. You can deduct up to $500 according to the newest tax law. Check
with your tax accountant or CPA to see if this has changed if you decide
to go ahead. First of all you want to make sure you have a car that can
be donated.
There are a few ways to determine that. In general your vehicle must be
drivable. If not drivable and just needs minor repairs it may still
qualify depending on the car donation charity. The condition of the car
makes a lot of difference.
Vehicles that can be
donated include, cars, trucks, RVs, boats,
motorcycles, ATVs, airplanes, etc. Just about any vehicle can qualify
for donation. Charities will need to be able to put your car on their
own car sales lot or the car sale lot of a car donation charity broker
that they hire.
Once you determine that your car, truck or other vehicle. is in good
enough condition to be donatable you'll want to think about where you
can donate it that will be best for you,
There are dozens of car donation programs advertising on the Internet.
And of course you'll find them advertising in your local papers. But the
thing to know is that many local and national charities hire car
donation brokers to handle their donations. These companies take a big
chunk of the profit. You want to be aware of this, because the charity
won't be getting all of the profit, if that's important to you. You may
just be more interested in getting the tax donation deduction.
The best way to avoid the large brokers is to find out what local
organizations are accepting car donations. You can watch for
advertisements or even call charities you think have these programs. You
want to ask them if they handle the sales of your car in-house or if
they farm it out to a company that does that for them.
Many charities choose to keep some vehicles to help transport patients,
clients or goods. Or they may decide to give a vehicle to a disabled or
needy client. If any of this matters to you check this out with the
charity as to how they'll use the car.
Car donation programs include: Target Car Donation Program, Goodwill
Industries Car Donation program, Kidney Foundation, Make A Wish
Foundation and many, many others. You'll find a lot of smaller charities
too. If you're not familiar with the charity check with the Better
Business Bureau to make sure the charity is credible.
If you have favorite charities call them to see if they accept
donations. This would be the way to start. Check online to see where to
donate your car and what car donation companies are advertising and
check out their websites or call them up to find out how to donate your
car including all the qualifications for the car and what you need to
know. All of these companies will supply you with the proper forms for
donation. You'll need to get the income tax forms yourself. You should
check with your CPA or accountant to make sure you'll benefit by the
donation.