Donating your old car is one of the easiest ways to get rid of it, as well as a simple way to give back to your community. If you recently purchased a new car, and you’re looking to donate your old one, here are a few ways to do so.
There are many different charities you can donate your car to, some of the most popular being the Children’s Cancer Fund, Habitat for Humanity, and RAINN to name a few. Donateacar.com provides an easy service if you want to donate, but don’t want to have a time commitment when it comes to the actual donation. With this charity, you can choose from hundreds of different charities, depending on your preference. Once you are connected with the charity of your choice, you only have to enter some information about your car and they will come to pick up your vehicle the next day. You won’t be charged any fees, and the car will be out of your hand in only one day. For a majority of the charities, you will be eligible for a tax break.
Another popular charity site is wheelsforwishes.org, which is partnered with the Make a Wish Foundation. They take pretty much any type of car you might have, so don’t worry about meeting any specific requirements. They will even take a motorcycle if you have one to give. Wheels for Wishes will pick your car up free of charge car regardless of if it runs, or isn’t in ideal condition. Simply call their toll-free number and give a few details about your car, and you’re on your way to a car donation. Your tax-deductible donation will help a family in need, as well as give you that warm fuzzy feeling that comes with helping out others.
If you are looking for the maximum tax deduction possible, you may want to think about giving it to a charity that will directly use the car in its operations. Some charities will sell your donated car and use the proceeds towards the charity. While both ways will help others, the larger deductible will come from a charity that directly uses the car in its operations.
While many charities do provide you with towing services that you don’t have to pay for, if you live close enough to the charity, driving there will guarantee the charity the maximum amount of money possible since they won’t have to pay for the towing fees. How, where and to whom you donate the car to is completely your decision, which is one of the many benefits.
These are only a few examples of ways to donate your car, and the local charities in your area will be able to assist you in your donation. Whether it be through the Make a Wish Foundation, or your local charity, donating your car is an amazing way to give back to your community, and will help you out with a great tax deductible.