GET A TAX DEDUCTION
You have an old car sitting around and are wondering what to do with it. It may have been sitting around for years, or perhaps it recently died.You have probably thought of the options of selling it, junking it, and of course, donating it.
What are the benefits of donating a car?
The main one, of course, is knowing that your car will be used to help other people. Charities can always use more money for their work, and giving them a car can be an easy way for you to help without actually having to part with any of your own money.
There are, however,considerable other benefits to you as well.
First, you willreceive a tax deduction. This can help lower your tax bill and save you money, which is always a nice thing. You may also rather your money going to a charity than to the government.
Second, the process is generally a quick and easy one. You make the call to the donation company, or just fill out a form online, and the towing company will give you a call. They make arrangements to pick up your car. Very often, this can be done without you even being present at the time of pickup. You will just need to leave the paperwork and keys with the car and it will be picked up by the tower.
If you do wish to be present, the local towers who do the pickup will usually try to accommodate you. They can generally give you a time frame and may even be willing to call you when they are on the way so you can come down to the location of the car.
You may be wondering as to where is the best place to donate a car. There a multiplicity of charities, both local and national. A local company may be a great idea, for the simple reason that you know exactly where your donation is going.
You can do the research as to what exactly the charity does, and if you are happy with their mission statement and like what they do, you will be satisfied that your car is going for a good cause.
You may also be happy with the idea of your donation benefiting people you know and care about.
Of course, a national charity may be doing great work as well, but this can be a bit harder to research, as they probably have a well-oiled marketing team doing their PR. It may also be hard to know who exactly they are helping, and whether it is a cause you actually agree with.
In summation, the benefits of donating a car are many, and it may be a great option for you. It can be a quick and easy process and the tax deduction may be extremely beneficial for you.
So, do your research into the charity you want and get started on the process. You may be very glad that you did.