Donate Cars and Get Cash

If you have a vehicle that is simply cluttering up your driveway, or maybe it would cost more to repair the car than it's actually worth, you might want to think about donating it and getting some cash back.

Donating your car also lets you have a tax deduction come that time of year, so one way to get that cash and deduction is by giving your car to charity. Start checking out charities that interest you and that are willing to accept your car. Religious groups that qualify as charities are a good place to start looking, but whatever you choose, make sure the group is non-profit and a 501(c)(3) organization. This means that they will be exempt from some federal taxes. There are also some websites, like donatecarusa.com, that list organizations and charities that take cars for cash.

Once you have a charity in mind, call or stop by to learn the steps you'll need to take to donate the car. Some have a form or application you'll need to fill out in order to be entered into a database of charitable donations. They might also tell you what to do with the title of the car, but if not, make sure to check with your local motor vehicle department regarding charitable donations.

A towing company or someone that represents the charity will then come to pick up the car, whether it running or not. Make sure you give the keys with the vehicle, and that you get a receipt in return. The donation receipt should have the name of the charity, the date of donation, the federal tax identification number of the charity and your full name and address. If not, make sure the receipt is updated before the car is removed.

Once the car sells, you will be notified by the organization. If it sells for under $500, you won't need anything but your original receipt for filing taxes. Anything over $500 means the organization will provide you with an updated receipt showing the final sale price so this can be used as a tax deduction.

If for some reason you don't want to go the charitable donation route, you can try selling to a junk yard. Some auto yards pay cash for vehicles regardless of performance. Just make sure that you always get a bill of sale at the end of transaction.

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Donating Cars in California [Latest]

Have you as of late acquired another car and are having issues with your old one? You don't know where to stop them? All things considered, one great method for arranging these old vehicles is to donate them. The best place for car donation is the condition of California.

Car donation in California is a celebrated option for the individuals who have old vehicles. Car proprietors can donate their vehicles including vans, cars, water crafts and different sorts of vehicles to a charity of their decision. This is one great method for disposing of an old pointless vehicle. Furthermore, you can help the individuals who are in require without pestering yourself about what to do with that car.

The vehicle does not should be in great condition to be donated. Truth be told, separated cars may likewise be donated. These focuses would tow the broken cars for nothing. They will then fix these and sell off them for a benefit. The cash earned from the sale will be given to the charity of your own decision.

Another method for giving car is by offering it to a poor family. As per the examination done by Surface Transportation Policy Project (STPP), a non-benefit office, 20 percent of the American poor families can not purchase a car. They are burning through 40.2 percent of their financial plan with transportation costs. STPP conducts an examination about transportation elective selections of Americans.

There are preferences in giving your ride in California. In different states, you are required to have the first title so as to donate. This is not the situation here. Truth be told, the length of you are the lawful proprietor of the car, you can at present donate. The Center for Car Donations would furnish you with a copy title frame to be agreed upon. Then again, car givers are qualified for a duty reasoning. This is as per the new expense law of 2005. Now and again, you are given a free get-away for your demonstration of charity.

Another advantage of giving car in California is the free towing administrations advertised. You're not required to convey the car to the Center for Car Donations. They are prepared to lift it up particularly on the off chance that it is not in great running condition anyplace inside the state.

You essentially take after strides in giving out your car. To start with, set up the vehicle. While it is a bit much for the car to be in great running condition, it would even now be great on the off chance that you ensure that it is sufficiently satisfactory. Basically perfect it and ensure you don't have anything of your own assets left inside.

You additionally need to set up all the imperative archives like enlistment and insurance. On the off chance that you don't have the title, the Center for Car donation would give you a copy title shape. In the wake of social affair every one of the archives to be exchanged, make an online scan for car donation organizations that would encourage your car donation. Ensure that the organization is legitimate before presenting every one of the reports. This would keep you from falling casualty of tricks.

At the point when the car is grabbed, the organization would give you a tax document. This is critical for you to benefit of expense reasoning. Make a point to document a notice of arrival of obligation to a neighborhood Department of Motor Vehicle (DMV). Ask the general population who grabbed your car on the most proficient method to round out the frame. Finally, illuminate your insurance organization that you donated your car to charity. Do this on the day you discharge your car. This is vital for them so they can cease the insurance scope.

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Things To Remember While Donating Cars To Charity

Donating cars to charity is a nice and helping step for the needful people. You are contributing a little in serving the humanity. While you think of donating cars to charity, always go step by step and giving a proper focus to below mentioned follow ups:

1. Avoid middlemen.

Several intermediary organizations give their advertisements in order to attract more and more car donors towards themselves and afterward fool them. They claim too high to be believed. The real and actual thing about these intermediary organizations is that they keep about 50% to 905 of the car value and money with themselves and give a small percentage to the charity. If you want to avoid this loss then contact the charities directly and ask them for the car donations and inquire properly.

2. Find a worthy charity.

In case the charities you generally support do not accept car donations as such then you will have to do a little home work and will have to spare some time for a nice and reliable search. Search for a reputable charity and store their records online either through Better Business Bureau site or through Charity Navigator.

3. Check the math.

Many times you tend to take help of the intermediary firms to donate cars probably because you have shortage of time, and then make a mathematical calculation. At least ask the organization about how much they pay to the charity from the selling of the donated car. If the answer is about flat $100 on used and old car regardless of the price of the car or about $2,000 per month, then your donation is not eligible for the tax rebate and deduction.

4. Know the status of your recipient.

In order to get the qualification for the tax deduction, for that you will have to make sure that the charity or the organization that is getting your donation must be an IRS-approved 501(c)(3) organization.

5. Do the delivery yourself.

After identifying the charity, it is recommended to deliver the car to the charity at your own risk, as it will increase the benefits of your donation at a good deal.

Charity Car Donations [http://donatecarforcharity.org] provides detailed information on Charity Car Donations.
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The ABCs of Car Donation - K Is for Knowledge

Knowledge is power even when it comes to car donation. The more knowledge you have about the car donation process, the better decision you will make about whether to donate your car and what charity to donate the car to.

The answer to the question of whether to donate your car is determined by your motivation for donating it. If your motivation is simply to help the charity, the answer is of course; donate car.

If your motivation is get a tax deduction you will need to gain some knowledge about what the tax deduction is and if will you be able to claim it. To claim the tax deduction, you will need to itemize on your Federal tax return. That means you will have to file Schedule A. Your actual benefit from your car donation is determined by the tax bracket you are in. For example, if you are in the 35% tax bracket, your actual benefit is 35% of the amount you claim for your car donation.

There are several things that will determine which charity you donate car to. One of them is the mission of the charity. There are a very wide variety of charities that accept vehicle donations. They include international and national charities as well as state, regional and local ones. Their missions range from conducting research on many diseases and afflictions, to helping those who are afflicted, to animal rights issues, to environmental issues, to programs for young people, to care for the elderly, disabled, injured or abused, to local food banks, homeless shelters, hospices, etc.

Once you determine the mission you wish to support, you will want to obtain some knowledge of their efficiency, effectiveness, reputation, etc. There are a number of ways to can check them out. Some of the places you can check are Charity Navigators, the Institute of Philanthropy, GuideStar, etc. If the charity you are checking on does not have a good rating, those guides will show you alternative ones.

Once you have narrowed down you choices, you will need to gain some knowledge about their car donation process. One thing you will want to know is whether they handle donations themselves or use the services of a car donation center. Many use a car donation center. One reason they do is because the vast majority of donated cars are sold. There is a certain level of expertise required in operating a car donation program. It requires the knowledge of the rules and regulations involved in the sale of vehicles, the transfer of titles, what to do with the license plates, etc. These rules and regulations vary by state. Many charities prefer not to use their resources for this and often find it to be more cost effective to use a car donation center.

Next, you will want to gain some knowledge regarding the qualifications the charity has for accepting a vehicle. Many prefer to only accept those cars that run and are less than ten years old. Other charities accept vehicles in virtually any condition as long as they have not been stripped of their parts and are in a location from where they can be towed.

The more knowledge you have regarding the intricacies of car donations, the more you will know whether and where to donate your car.

Karen Campese is the Co-founder and CEO of Cars4Charities, a not for profit car donation center. They have over 1,000 respected charities that you can donate car to. When you donate your car [http://www.cars4charities.org/], you get a tax deduction and help a good cause.

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Donate Cars to Single Mothers

The process of car donation involves buying unused/unwanted cars from those who want to get rid of it and further donating them to the needy i.e. giving it to the charity organizations. These organizations can then use these donations to raise funds to further help the ones under them.

There are companies who facilitate these automobile donations that the process is smooth and doesn't trouble people at either side. They do try their best to fund the charities and at the same time helping the ones that really want to get rid of their unused vehicle. The charity organizations themselves sell the cars donated to them at auctions and raise funds while there are companies who do this much also for the charity. They auction it at the highest possible prices and later give the money in charity. By both the ways, the final aim is to assist the development programs for all the needs of unfortunate ones.

NGOs also accept car donations which can be utilized in many areas. The auto parts are sold for monetary help to the needy or for charitable activities like rides for people under the care of NGO, cars for kids, and works of the organization.

Another aspect of using car donations is to help the single mothers who really want to possess a car for their daily routines. A vehicle helps single mothers in a great way as they can handle the transportation of their kids and their own transport to work and home. A car donation helps them in possessing a vehicle that will make their routines easier. This gives them the much needed independence to carry on their activities.

Check the genuineness of the organization that will facilitate the process of car donation. The credibility of NGO is important which will also let the tax deduction come in your hand. Make sure that the organization doesn't turn out to be bogus and complicate the things for you. Something that is just right in front of you like churches or known NGOs. You can simply meet them and donate your car directly to them.

An important step is to sign over the title of the respective organization. And once the donation is done, don't forget to collect your IRS tax receipt which will entitle you for the tax deduction up to $500. A receipt of acknowledgment of donation is also given by the NGO or charity organization. Once you donate your car to a nonprofit charity, you will need to sign over the title to the organization.

Article Source: http://EzineArticles.com/1306693

Why to Donate Cars for Charity?

If you are amongst those people who are rich and are not barred from any luxury of life and happiness, then God has given you an opportunity to serve the mankind and do well for the helpless people. For this, you do not have to make many efforts, you just need to donate the things that may not be important or dear to you but holds good value in monetary terms. Several rich people donate cars in order to help those who need their help. Do not sell your old car but donate it, as it would give smile to others because they may not be in a condition to buy a new car.

Why to Donate Cars for Charity?

* If you will donate cars for charity, this way you will not only get rid of your old car but also help the poor and collect some deeds for your self.
* Try it out once. Donate anything and you will feel satisfied and light from inside.
* Even your fellow beings will also admire your work and will get encouraged from your donation.
* You will be a landmark to all other rich people who are not ready to spend a penny on charity.
* You will avail the tax rebate that is equal to the money value that is measured while you donate cars for a charity.

Few things to keep in mind while you Donate Cars for Charity:

1. Find the best and reliable charity organization for car donations and in case you are going for a mediator firm then choose a one who is reputed and trustworthy.

2. You want to get rid of the traffic tickets and other violations, then transfer the car with proper handling and formally entitle the car for charity.

3. Keep a full file documentation of the upgrades and selling of the donated car and fill the IRS section A if the car is worth $500 or more and section B if the car is worth $5,000 or more....

Charity Car Donations [http://donatecarforcharity.org] provides detailed information on Charity Car Donations.

Article Source: http://EzineArticles.com/expert/Debian_Miler/463904

How to Donate Car

If you are rich enough that you can buy a new car and still keep your old car, you obviously can do better with your old car. If you have bought yourself a new car, you obviously do not need the old one. If you plan to get rid of your old car, you can always donate it to the charity that accepts car donations.

Now, the question that arises here is that why would anyone want to donate their car instead of selling it. Obviously, it will bring cash, and a donated car will bring nothing. If you are able to ignore the financial aspects, there are a lot of reasons why you should donate your car.

First of all, selling a car will save you from the hassle of selling it. Imagine the trouble that you will have to go through while selling a car. You will have to advertise it or use other means of selling a car.

Selling an automobile is obviously a pain, and if you can afford to let the financial aspect go, is it not better to donate your old automobile? A donated car can do well for someone at least.

You will love to donate your vehicle if you are a charitable person. If you like to do charity every now and then, this can be your best time. A donated car can prove to be one of the most generous charities ever made by you. Once you have donated it, you do not have to worry about its future. Who accept it as a charity; they have a good idea of what to do with these cars. It is also a very good way of tax deduction.

If you are selling your vehicle, you obviously have to go through a maintenance procedure. People who will be willing to buy your vehicle obviously would want to check the mechanical and all other aspects of the vehicle. They will drop every dollar with every fault that they find. If you plan otherwise, a donated car will not go through any of these things. Donate it as it is and you are done with all of your problems related to your old vehicle.

If you are still asking yourself this question as to why on earth would you want to donate your vehicle, the answer and reason are simple once again. Donating your vehicle is a fast way to get rid of it. All you need to do is make a call to the charity and they will take care if the rest. This will save a lot of your time, and you will not have to show it to hundreds of buyers who are probably not even interested in buying.

Last but not the least, you will obviously feel better about the fact that you have donated your car for a good cause. Receiving a donated car will definitely bring a sense of satisfaction. Also, if you do not have enough funds to get the car repaired, consider donating it. It will do well for both, you and the charity people.

For more information on donated cars, please visit; [http://www.receiveadonatedcar.org/]


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