If you own a car that you do not need, you will save some money on your taxes and help a very worthwhile cause when you donate your car to charity. When you donate car, you get a tax deduction that is based on two things; the fair market value of your car and what the charity does with your car donation. If the charity uses your car, gives it to a deserving person or sells it to them at a greatly reduced price, you can claim the fair market value of the car as long as it is not more than what you paid for it. The fair market value is the amount you could sell your car for on the day you donate car and in the condition it was in on that day. If the charity sells your car donation, which is what most of them do, you can claim the larger of $500 or the amount it is sold for.
Many charities only accept vehicles that run, are in decent condition and are less than 10 years old. Cars4Charities does not have those restrictions; they will happily take your car in any condition. They just ask that you provide a title for the vehicle, have not taken parts off of it, have the tires inflated, and park it in a place where the tow truck can easily get to it.
And, Cars4charities has over 1,000 international, national, state and local charities you can donate car to! With charities like local homeless shelters, food banks along with International and National charities like Aid for Haiti, the America Foundation for the Blind, the Prevent Cancer Foundation, the Asthma & Allergy Foundation, Autism Speaks, the Breast Cancer Research Foundation, the Brain Trauma Foundation, the Diabetes Research Institute Foundation, the National Association for Down Syndrome, Food for the Poor, Partners in Health, Teach for America, Freedom from Hunger, the LAM Foundation, the National Brain Tumor Society, etc. to choose from, Cars4Charities can satisfy almost everyone’s philanthropic tastes.
The process of car donation at Cars4Charities is quite simple. It is so simple; you do not even have to make a telephone call. You can donate your car at your leisure, any time through their website, http://www.cars4charities.org/. In addition to the convenience, the online option greatly reduces administrative costs, resulting in more money going to the charity you select. It is also better for the environment because it lowers the use of paper and other consumables.
Complete details on how to donate car are available from Cars4Charities at their website http://www.cars4charities.org/ or by calling them toll free at 1-866-448-3487 (GIVE-4-US).
