Donate Your Car

Donate Your Car

Donate Your Car, The Benefits

June 11th, 2007 · No Comments ·

Selling Woes: No need to worry about the selling hassles involved with the sale of the vehicle. No unwanted ads to be given, no calls to be picked up, no negotiations to be done, no Motor Vehicles paperwork or Smog hassles to be taken care of.

Free Tow: The vehicle is picked up for free by the charity one is donating to, irrespective of the fact that the car is in a working condition or not. Thus the tow fee is waved off and the vehicle also is cleared from ones premises.

Tax Benefit:  The tax law states that Non-Cash Charitable Donations or vehicle donations are tax deductible. Thus the IRS [Internal Revenue Service] allows the taxpayer to claim a tax deduction if the value of the vehicle donated is above $500 when donated or sold. Donating a car can make one qualify for such deductions and save on tax. 
Qualify for an IRS tax deduction.

Social Responsibility: Since one cant afford to donate in cash often to charities, this is an easier and less expensive way to do so. The satisfaction that arrives from giving is immense.

Car Donations should be encouraged and implemented as they serve as an alternative source of income for many charitable organizations.

Tags: 3 Benefits · Donate Your Car

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