The ABCs of Car Donation - O is for Opportunity

When you donate your car to charity, it opens the door to a lot of valuable opportunities. You get the opportunity to divest yourself of a car you do not need and you get to do it in the most opportune way.

There are only a very few requirements for donating a car to charity. You just need a valid title, your car has to be intact and it has to be in place where the tow truck can easily get to it. And, your car will be picked up at no charge to you. There is no muss, no fuss involved. There are no car repairs required, no negotiations with a car dealer or a private party, no wasting time or money advertising or showing the car. Car donation only requires a very few minutes on the phone or on the internet.

Car donation offers you the opportunity to get a very nice tax deduction. Your tax deduction is equal to the amount the charity sells your donated car for or $500, whichever is more. All that is required of you to claim your tax deduction is to simply itemize on your federal tax return. The charity you donate your car to will provide you with all the paperwork you will need to claim your valuable tax deduction.

When you donate your car to charity, you have the opportunity to assist a charity whose mission you believe in. The money generated by the sale of your car donation can support International charities that are helping to promote human rights, animal rights, environmental issues or who provide food, shelter, medicine, health care, education, etc. to third world countries or to countries who have been struck by a natural disaster. Through your car donation, you have the opportunity to support National, regional or local charities that are striving to cure disease, illness and injury, or to provide services and education for those currently suffering and their families. You also have the opportunity to help charities that provide food, shelter, health care, counseling, etc. to the homeless, poor or those who are suffering from mental illness or substance abuse. You have the unique opportunity to help charities that provide assistance to victims of child abuse, sexual abuse,  abuse against women, animal abuse, or who provide education, training or other programs for young people, the disabled, the unemployed or the under employed or to charities who provide services to the elderly and/or their families. You can also help support charities who assist veterans, active duty members of the military or their families. The proceeds from your car donation will also afford you the opportunity to support various religious organizations or ministries. Or, you can help charities that support the arts, music, libraries, etc.

If you have a car you no longer need, you have a chance to help yourself and to make a difference in the life of someone else. All you have to do is seize the unique opportunity and donate car to charity.

The ABCs of Car Donation - N is for Need

When you donate your car to charity you do not just satisfy your needs. You also satisfy the needs of the charity you donate car to and those of the community.

Car donation satisfies your needs in many ways. First, you get rid of a used car you no longer need. You also save yourself the aggravation of haggling over the trade in value of your car with a car dealer. No one needs that! You will not need to pay for advertising your vehicle for sale privately. And you will not need to waste your valuable time waiting for people to call or come to look at your car or negotiate the sale price for the car. It is very difficult to sell a vehicle that has a major problem and/or does not run.

When you donate car to charity, you will not need to fix it. Most car donation charities will gladly take it no matter what condition it is in. And the charity will have your car picked up fast and free, thus satisfying your need to get rid of it to make room for your new or newer car. You will also get a valuable tax deduction for your car donation. Who does not need that?

Most charities sell donated cars. Newer cars or cars that run are generally sold through public or dealer only auctions. This helps to supply the market with much needed used cars. Older cars, cars that do not run, are significantly damaged or rusted are usually sold directly to parts yards. There, the valuable parts are removed from the cars and the remainder is crushed. This not only helps to provide needed used car parts to the market, it also is a needed source or scrap metal, most of which is sold overseas for construction.

Charities rely on car donations for some much needed revenue. When you donate your car, there is an extremely wide variety of needs it can help to fill. With your car donation, you can provide food, water and shelter to needy people in third world countries or in your own community. It can go to help fund needed research for many diseases, illnesses or causes. It can be used to help fund educational programs or other programs to help young people. The proceeds from your car donation can help fulfill the needs of those currently suffering with physical or emotional problems, or those that have been abused or abandoned. Or, it can provide services for veterans, soldiers and/or their families. Your car donation can help animals either worldwide or in your own area.

There is a lot of need in our world, especially now because of the state of the economy throughout the world. The used car you do not need any longer will be used to help fill some of that need and also fill some of your needs. To do that, you simply have to donate your car to a charity that fills a need you believe in.

The ABCs of Car Donation – M is for Money

When you donate your car to charity, you will save a lot of money. First, you will save money at the car dealership. Most auto buying guides say you will be able to negotiate a much better price for a new or used car without a trade in.

Through car donation, you will save the money you would have paid to advertise the sale of your car either on the internet or through the newspaper. Also, if your car does not run, has a major mechanical problem or a lot of body damage, you may have to fix it in order to sell it for a decent price. Donating your car will save you the money you would have paid in repair costs. Also, you will not lose any money by having to take time off from work to show the car, fix it, etc. And, if your car is in really bad shape, you will not have to pay money to have a junk yard come and tow it away.

Most car donation charities will be quite happy to accept your car no matter what condition it is in. You will simply need to give them a valid title. When you donate your car to charity, they will pick up your car fast and free and at a time that is convenient for you. That will save you money on the unused part of your car insurance, registration, license plates, etc.

You will be eligible for a tax deduction of at least $500 when you donate car to charity. To claim your money saving tax deduction, you just need to itemize on your federal income tax return. In most cases, the charity you donate your car to will sell it. If they are able to sell it for more than $500, that sale price will become the amount you can claim as your tax deduction. Unlike many things in life, getting a tax deduction by donating a car to charity is not a gamble it is a sure thing.

The charity you choose to donate car to will use the money generated from its sale to help further their mission. They may use it to help fund research on a wide variety of illnesses or diseases. They may use it to provide information and services to those inflicted with aliments, or with mental illness. The proceeds might be used to provide counseling services, for education or for programs for young people. The money may even go to help fund services for wounded soldiers, veterans or their families. Some charities use the proceeds from the sale of car donations to help provide shelter, food and medical services to needy individuals or homeless animals.

When you donate car to charity, you save money in many ways and the charity is able to use the money generated from its sale in many ways too.  Car donation is a very good thing for your bottom line and for that of the charity as well.