Car Donation Benefits
By
Timothy Rea
Why are car donations a good idea? As a car owner, there comes a point when you
realize that your automobile is on its last legs.
Assuming you have the next automobile in your sights and/or possession, what can
you do with your clunker? If it's a heap and needs extensive work, there's no
point in giving your wallet a beating. Why pay a thousand dollars in repairs if
the car is only worth a few hundred? Who is to say it won't break down again
shortly thereafter, costing you even more?
If the motor runs and the wheels aren't rolling off, a lucky younger relative in
need of a handout could take it as a present. Or you could spend money
advertising it for sale, yet receive a pittance. Making a car donation is a
smart option.
Whether a convertible, a bus, a pickup or a junker, a non-profit charity will
gladly take your vehicle. It does not even have to be a running vehicle to
donate it. It is a tax write off and you're able to claim more for making a
contribution than what you would get selling it. The assistance you give to the
charity of your choice by making a car donation gives a feeling of satisfaction.
Making a gift of a car donation is simple. The hardest part is figuring out
which deserving charity gets your help, and that's not a bad task at all.
You can choose from large national organization that you are familiar with such
as the United Way, American Lung Association, The Red Cross, The Boy Scouts or
the Salvation Army. Or you can choose something local that will aid your
community exclusively. Church groups, schools and local hospitals are all places
to check.
Most places will come to you for a pickup within all 50 U.S. States. The company
will come with a tow truck to where your vehicle is at your convenience. It can
be towed anytime during the week that you have time, usually within the week and
some organizations can do rush pickup within a day or two.
You do not have to pay anything for them to come and take it. If your vehicle is
worth less than $500 they'll give you a receipt quickly. If it is worth more, it
will take longer to get your receipt. Once you have the receipt detailing your
gift of a car donation, hold it until tax time to be itemized. You most likely
have a general idea of what your automobile is worth. Kelley Blue Book will also
aid you in assessing the value of your gift.
Depending on the organization, up to 100% of all money made from your car
donation will go to that charity. How many times have you given a handout to a
bell-ringer or put a contribution into a jar and felt a little guilty? Have you
wished it could be more? There may never be the "perfect time" to pull out $500
or more to give to a charity organization you believe in.
Donating your automobile gives you that perfect time and the relief of not
having to do anything more than make a call.
About the author:
Timothy Rea has had extensive experience in the car buying and
selling world. Through his knowledge in the car business world
he has come to realize the value of car donations. He has an
easy to navigate web site dedicated to learning the pros and
cons of donating a car and is a great resource for finding all
the wonderful charities and causes you can donate your car to.
For more info visit: http://www.cardonations-info.com
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