Saturday, January 8, 2011

A Vehicle Donation Is another Way to Show Love

You may have decided to purchase a new car to begin the New Year. While this is a great idea, since interest rates are way below what they have been in a very long time, what are you going to do with the car you are driving right now?
It's a well known fact that you never get the full value when you trade your old car in for a new one and selling it to someone else can be a hassle. Maybe you should consider vehicle donation as an option especially when you get a car donation tax deduction when you do.
A vehicle donation to a charity will allow them to sell that vehicle and use the money for their charitable activities, like helping the elderly with some of their expenses or a child with medical expenses. No one gives anything to charity just for tax reasons, but car donation tax deduction is a fringe benefit of giving to a great cause.
Vehicle donation may not be something that every charitable organization is able to handle; so finding one that does should be easy enough to do. Getting that car donation tax deduction will allow you to be better able to give your used car away instead of receiving the trade in value for it. Your vehicle donation can actually be more valuable that as a trade in.
The car donation tax deduction aspect of making a vehicle donation to a charitable organization is well worth the effort it takes to find a reputable organization to donate your car to. It may take some extra time to find a good organization to take your vehicle donation, but you will be glad you did when you see what they can do with the money.
You will get a car donation tax deduction for your effort and that will show up when you file your income tax return the following year. You may be surprised the savings you will receive from making your vehicle donation. Even though a car donation tax deduction may not be the main reason you would make a vehicle donation in the first place, the pride you feel from doing so will be accentuated when you do receive a car donation tax deduction.

Giving to charity has always be something to be proud of because it gives you the opportunity to do something special for those less fortunate than you are. Isn't that the real meaning of charity? Giving is also another word for love.

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