Donating a car may be the best thing you do all year. It can be of greater value to someone in need the giving away of food or old clothes. Many people are unaware that cars can be donated to charity. Although not every charity is equipped to accept such things, a great and growing number are; and there is a good chance that a charity shop near you will be able to accept your vehicle donation.
What benefits are available for car donation? The most important financial benefit is the tax write off. Vehicles that are valued at five hundred dollars are more do qualify for a tax deduction. There is also the pleasure of knowing that you made a concrete difference to someone’s life. This is not an exaggeration.
There are plenty of hard working people striving to make ends meet. They cannot do the kind of work open to them because they are without reliable transportation. Persons in such circumstances do not have the means to buy a used or new car, and they may not be in a place with a sound and extensive public transportation system. Getting a car from a charity shop may be their only option, and by donating yours you make one more available for purchase.
It will also be of greater use to whoever ends up buying it. If you send it the scrap yard, they will tear it to bits for parts. If the car you give to the charity remains in good working condition, then the person who ends up with it will be able to use it to get back and forth to work—which is not something that everyone can take for granted.
One of hardest things about being poor is the lack of reliable transportation. People who work yet remain in poverty are rarely able to dictate the terms and location of their work. They must be in a certain place at a certain time each day. Failure to show up on time will result in their termination. A bus that is delayed or does not show up, a train that does not arrive on time—any of these can cause havoc with the life of such a person. And that is assuming that they are able to avail themselves of such public amenities.
In some instances, an impoverished working person needs a car more than a well-to-do high-end professional. They are less in control and in command of their schedule. They must be able to get to the right place on time or lose everything. Donating your car to a local charity shop will allow you to help such people. Your car can be sold at a significant mark down at a local charity store, and the person who buys it will be able to get to their place of work on time.
It is important to know all the facts before you make a decision about donating your vehicle. You should especially know the tax benefit of such a donation. Start your research by visiting this site: www.wgbh.org/support/cardonation_faq.cfm
You can write off your vehicle donation. Indeed, there are many financial advantages that come with giving your old car to charity. Learn What benefits are available for car donation .