| If you have an old car in your garage (or | | | | will depend upon the kind of vehicle you donate. |
| backyard) and you don't have a clue how to get | | | | Not all values are equal. For example, late model |
| rid of it, one way is to donate your car to a | | | | cars and vans that have seen a lot of miles can |
| charity. You might think that your old car won't | | | | be used, though they might need some costly |
| matter at all and it's a piece of junk, but your car | | | | repairs before they are ready to be put back on |
| can still be useful. You will be helping a lot of | | | | the road by the charity. |
| people, and at the same time gain something for | | | | Donating your unused car to a charity is a great |
| yourself. Car donation is the best option to get rid | | | | way for you to get a deduction on your taxes. |
| of an unused car while giving you the chance to | | | | Some of the organizations use the cars for their |
| help yourself and others. Your charitable donation | | | | services and personal travel, while the others sell |
| might mean a lot, without you even realizing it. | | | | them directly to raise funds. You should also know |
| You can get started by finding a charitable | | | | that some programs aren't run by charitable |
| institution online. It is best to search for them | | | | institutions, but rather salvage companies that use |
| online because it is the easiest, fastest way to | | | | the name of the charity as a front, and in return |
| get the information you need. While online, you | | | | they pay the charity a set amount for each of |
| can speak to a representative and they will | | | | the vehicles donated. |
| explain the steps and procedures and the law | | | | To make sure that you are dealing with a |
| regarding tax deductions. If is important that you | | | | trustworthy charity, you should ask what they |
| are aware of the tax deduction rules so that you'll | | | | are planning to do with your vehicle. If they plan |
| know what to expect regarding the benefits you'll | | | | to sell your car, will they use a broker or not? |
| get from your donated car. | | | | You should also ask if the charity is receiving a |
| If you donate your car, you can claim a tax | | | | large amount of the selling price, so that you |
| deduction of up to $500. If the charity sells your | | | | know how much of the money will go directly to |
| vehicle for more than $500, you will be notified | | | | the cause you are trying to support. Your best |
| with the exact amount of the sale, and can use | | | | choice is a charity that is collecting a percentage |
| this amount on your tax return. The market value | | | | of the sales price, rather than the per-car flat fee. |