Tag Archives: donated cars

Vote Yourself a Tax Deduction

Often, Election Day means going into the booth and vote for a candidate you feel may be the lesser of two evils.  If you have a car you do not need, you can vote yourself a tax deduction of at least $500 on your itemized federal tax return if you donate car to charity. You do not even have to pull a lever or mark a spot. It is already there for you.

If your car is in good condition, most charities will gladly take it. What they do with it is another story. Some charities will use the car or give it to a needy person. The majority of charities sell all donated cars. Many of those send all car donations to auction. If the price of the car does not exceed the auction fees, the charity will have to pay the difference. In that case, the charity will lose money on the car donation

Unfortunately, there are many charities that will only accept your car for donation if it runs, is in decent condition and is less than ten years old. Fortunately, one car donation charity will gratefully take your car no matter how old it is or whether it runs or not. That charity is Cars4Charities. They do not discriminate. They only ask that you have a title for your car or have some proof that you are the owner, have not taken parts out of it, and have it in a place where a tow truck can easily get to it.

When you donate your car to Cars4Charities, you will get a tax deduction on your itemized federal tax return of the greater of $500 or the amount they are able to sell your car donation for. Cars4Charities will also provide you with the forms you will need to file with your taxes in order to claim your valuable tax deduction.

Cars4Charities has a most impressive mix of charities you can donate car to. If your interest is in helping charities that provide International aid, you can donate your car to Aid for Haiti, Doctors Without Borders, Food for the Poor, Freedom From Hunger, Helen Keller International, Partners in Health, the Smile Train, TropicalClinics, etc. If you prefer to help fight disease or aliments, you can donate car to the American Autoimmune Related Diseases Association, the American Foundation for the Blind, the American Macular Degeneration Foundation, the American Parkinson Disease Association, the Arc of Massachusetts, the Asthma and Allergy Foundation of America, Autism Speaks, the Brain Trauma Foundation, the Breast Cancer Research Foundation, the Cancer Research Institute, the Diabetes Research Institute Foundation, the Juvenile Bipolar Research Foundation, the Lam Foundation, the Kelly Heinz Grunder Brain Tumor Foundation, the National Association for Down Syndrome,  the National Council on Alcoholism and Drug Dependence, the Prevent Cancer Foundation, etc. If you favor helping locally, Cars4Charities has hundreds of local homeless shelters, food banks, hospices, etc. that you can donate car to.

For complete details on how to donate car, please call Cars4Charities at 866-448-3487 or go to their website, http://www.cars4charities.org/ .

What do Charities do With Car Donations?

Many people who donate car to charity hope that the charity will give the car donation to a deserving person. Some charities do give away car donations, but they are in the minority. Those charities only give away cars that are in good condition and run. The reason is because the charity, like a used car dealer, by law can only give or sell a car to a needy person that passes inspection and meet the emission standards.

Most cars that are donated need some type of repair. Many car donations have major body damage or some mechanical problems and are donated because the donor does not want to fix it or cannot afford to fix it. Again, the charity is required to repair the car before they are allowed to donate car or sell it to a deserving person. Often, the cost these repairs is more that the value of the car. That is one of the major reason why most charities sell car donations directly to used car dealers or to parts yards either directly or through auctions.

One of the other reasons, most charities do not donate car is the fear of being sued by the recipient.  If the charity donate car to someone that later breaks down, the charity will may be liable for the repairs. In the worst case scenario, if the recipient gets into an accident with the car which results in injuries, the charity may have some major liability problems.

Another obstacle involved when a charity donate car to someone is the expense of car insurance, title and registration fees, and license plates. The recipient has to be able to afford these items and provide them before they take possession of the car. The charity cannot donate car unless the beneficiary has a valid driver’s license, insurance, license plates, etc.

When you consider the costs and liability issues involved it is not hard to understand why most charities choose not to donate car to needy people. It is not that charities do not want to donate car to people in need; it is that there are too many obstacles involved.

You Will Be Dancing With the Stars When You Donate Your Car

When you donate car you no longer use, want or need to charity, you will feel so good about yourself, it will be like you are dancing with the stars. You will feel very good about helping to support a charity. You will also feel very good about the tax deduction you will get for donating a car.

Your tax deduction depends on what the charity you donate car to does with your car donation. If the charity uses your car for their purposes, gives it to a deserving person or makes major repairs to it, you can claim the fair market value of your car as long as it does not exceed the amount you paid for it. The fair market value is the value of the car on the day you donate it and in the condition you donated it in. If the charity sells your car donation, your tax deduction is limited to the greater of $500 or the amount the charity actually sells it for.

Most car donations need significant repairs. For that reason, most charities do not use them or give them to deserving individuals. The manner in which charities sell donated cars varies. Many auction all car donations, no matter what condition they are in. Cars4Charities is different. Their objective is to maximize the sale price on every car that is donated to them for two very important reasons. First, the tax deduction for the donor depends on the sale price of their car donation. Second, the more money received from the sale of the car donation means more money to the charity.

If you really want to feel good about donating your car to charity, you should look at Cars4Charities. They will get you the best tax deduction possible for your car donation and send the maximum amount to the charity you choose from their extensive list of participating charities.  That list includes International charities like Aid for Haiti, Food for the Poor, Freedom From Hunger, the Fund For Peace, Helen Keller International, Partners in Health, the Smile Train, TropicalClinics, etc., National charities like the American Autoimmune Related Diseases Association, the American Foundation for the Blind, the American Macular Degeneration Foundation, the American Parkinson Disease Association, the Asthma and Allergy Foundation of America, Autism Speaks, the Brain Trauma Foundation, the Breast Cancer Research Foundation, the Cancer Research Institute, the Diabetes Research Institute Foundation, the Juvenile Bipolar Research Foundation, the Lam Foundation, the National Association for Down Syndrome, the National Coalition for the Homeless, the National Council on Alcoholism and Drug Dependence, the Prevent Cancer Foundation, Teach for America, as well as many State and hundreds of local charities like food banks, homeless shelters, and various other fine charities.

For more information on how to donate car, please contact Cars4Charities at http://www.cars4charities.org/ or call them toll free at 1-866-448-3487. They will gladly explain the entire car donation process to you and provide you with prompt and professional service.

Some Very Good Car Donation Advice

There are a lot of good reasons to donate your car to charity. You get rid of a car you do not need, you get a tax deduction of $500 or more and you help a needy charity. It should be very easy and it is easy if you know how to do it properly.

Before you just hand over the title to your car to a stranger, you need to do some research first. Find out what the charity will do with your car donation. Most donated cars need a lot of expensive repairs. For that reason most charities sell car donations. If the charity you choose uses a car donation center, ask them how much of the actual sale price of your donated car the charity will receive.  The term “net sale price” means the actual sale price of your car minus the auction fees, selling fees, or other fees charged by the car donation center. In some cases, these fees will be more than the selling price of your car. If that happens, the charity you donate your car to will have to pay the car donation center the difference and will lose money on your car donation. You will not know if you do not ask them!

You should also make a copy of your cars title and make a record of the name and phone of the towing service assigned to pick up your car. You should also mail the title directly to the charity. It is safer for you to have the title in the hands of the charity rather than the hands of the towing service. If you have to give it to the towing service, make sure your only give it to them after you receive your receipt. Never, ever just leave the title in the car! If you do that, you may never get a receipt and in that case you will not be able to provide proof of your car donation.

You should remove your license plates and any stickers on your windshield of your car if you live in one of the many states that require you to do so. In those states, you will not be able to cancel your car insurance until you have returned the license plates to the Department of Motor Vehicles or transferred them to another car. You may also receive parking tickets from the next owner if you forget to remove the stickers from your car’s windshield.

You also need to keep all the correspondence between you and the charity. If you do not keep that correspondence, you will not have any record of your car donation and the IRS may not allow you to claim a tax deduction for your car donation

The donate car process will be a lot easier if you educate yourself a little first. Avoiding the pitfalls of the car donation process are more that worth the time you will spend on that education.

Is There is a Green Way to Donate My Car?

There are thousands of charities that will be happy to allow you to donate your car to them.  Unfortunately, only a few charities will handle your car donation in a green or environmentally conscience way.

Cars4Charities is one of those environmentally responsible charities. They will handle your car donation in way that is best for you, the charity and the environment. This is how they do it the green way;

Cars4Charities does not to pollute the airwaves with annoying radio ads. They also do not waste paper, ink, or other consumables on billboards or print ads. All those ads are quite expensive. They have to be paid for from the proceeds received through the sale of donated cars. Most donors want their car donation to support the charity, not the car donation company or others!

Cars4Charities lets you donate car anytime at your leisure through their website, http://www.cars4charities.org/. This option greatly lowers their expenses. It also significantly reduces the use of paper and other consumables thereby making it far better for our environment.

Cars4Charities re-uses the useful parts of older, non-working cars and recycles the rest in accordance with all applicable rules and regulations. All other donated cars are sold to licensed car dealers. Those car dealers are required to make sure the cars pass all inspection and emission standards before they are sold to the general public. The better a vehicle runs, the less it pollutes our environment.

Cars4Charities never uses any gimmicks like “free” vacations, hotel or travel vouchers to entice you to donate car. They do not use these gimmicks because “free” is never really free, there is always a catch.

You only have to contact Cars4Charities when you are ready to donate car by going to their website http://www.cars4charities.org/ or by calling them toll free at 1-866-448-3487.  You will not hear any hype; you will simply get honest and professional service.