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Got An Old Car And Want To Get Rid Of It? Tips For Donating It To A Charity

If you have an old car sitting in your yard this can be an eyesore or it may be taking up garage space. No matter which you can donate the car to a charity to get rid of it and to help someone out. Below is some more information about this so you can get started.

Types of Car Charities

You first have to determine the type of charity you want to donate your cart to. There are some charities that will use the proceeds of your car to help children or to aid in animal rescue. Some charities use the proceeds to feed and provide shelter to the homeless, to help in religious missions and outreach and to help veterans. You could even find a charity that aids in disease treatment and medical research. Sit down and determine the type of people you want to help so you can find the best charity for you.

Find a Car Charity

You can contact your local Department of Motor Vehicles (DMV) to find out car donation charities in your area. You can also search online to find specific charities you would like to use. No matter what charity you choose call them before you take your car there. Some charities may not be accepting vehicles at that time as they may already have too many.

Get Ready to Donate

Once you find a charity there are things you have to do before you can donate your car. Donating a car works much like selling a car. You will have to have the paperwork so you can transfer the title and cancel your car's registration. What you have to do does depend on the state that you live in so make sure you contact your local DMV to determine the requirements you will have to follow. The charity itself may also be able to help you with this.

Take a Tax Deduction

You may be able to use this donation as a tax deduction on your tax return. The amount you can use is the fair market value of your car. The charity you choose also has to use the car in certain ways before you can make this tax deduction. For example, the charity must use the car you donate so that it is beneficial to your community or donate or sell the car to someone in need. You can check resources online to give you an estimate of what your car is worth. These figures are based on a car that runs. Because of this, if your car will not start due to a bad battery, you would have to take the amount of a new battery off the market value.

Looking for ways to "donate my car" is a good choice and doing it in the right way will ensure the process goes smoothly for you.

About Me

Going to Trade School

When one of my friends started going to trade school, I found myself wondering if he would have a job by the time he finished his studies. However, when my buddy graduated, he was more successful than any of our other friends. He had a great job, he was his own boss, and he made a bunch of money. After seeing how successful he was, I decided to see about going to trade school myself. I investigated local schools in my area, and I found an awesome place that accepted the credits I had already earned. Check out this blog to learn more about trade school.