Advertisers make car donation sound so uncomplicated: Donate a used car instead of going through the hassle of selling it, and then instead of cash you get tax write offs. Its a no lose situation right? After all you still get some sort of return and in the process you even end up helping someone else.
Unfortunately like all ideas with great intentions things always seem to go awry, and with car donations this is usually the case. So before giving away your vehicle youd better read this.
Help A Deserving Charity
There are numerous charities out there, thousands and in fact even millions. You probably already favor a certain charity, despite this, visit or call and ask if they can accept a vehicle donation. Not all charitable institutions accept automobile bequests. Ergo, make calls and visit their offices personally to ensure that they are legit. The IRS website has a complete list of all qualified charitable institutions.
Instead of asking the charity to pick up your gift, drive it down yourself. Thisll help the charity save on the cost of having someone tow or pick up the car. The goal here is help to the charity make money, not spend it....