Saturday, June 18, 2011

Donate with the Help of Car Donation Services

A car donation can supply transportation for a needy individual and cash for charity so monies can help the community. Buying a car for some is standard procedure in the course of running a home and family. However, for others getting reliable transportation may be very difficult. Some people do not have the economic means to purchase cars. Car donation services are organizations that exist to help make the gift of car donation easier for everyone. These services typically handle all necessary paperwork, transportation of the donated car, and assess or even repair the car to provide a better value to the recipient – whether an individual or charitable organization.

Any time you donate non-monetary assets, there is paperwork. This is absolutely the case if you expect to receive a tax deduction. For the best outcome, remember to be wise and keep clear, concise records. A car donation service will find any forms you need to get things moving. Before making any car donation a clear title must be in possession of the owner. Additionally, this information must be verified by the DMV before you can finalize the donation process. In most cases, the condition of the car is not as important for car donation. These companies simply want to help you donate cars to a selected charity while benefiting from an excellent tax deduction.

Before finalizing your car donation, you will want to check with the IRS to ensure you will be making the donation to an IRS-approved charity. If you do not, you will run the risk of not receiving the tax deduction you’re hoping for. Any kind of documentation you have on any item you donate is always an asset and most car donation companies make sure you get the necessary paperwork for a car donation so your tax deduction is applicable. This is especially true with a vehicle.

Cars with a price tag worth of $500 to $2000 use the form 8283, when, and if, a charity decides to use a donated vehicle. You should get a statement in writing with an assessed value and other details of its use within a 30 day period. If the car donation is sold, this same application applies. If the car happens to be worth more than the above amounts outside estimates are necessary, and section B of the 8283 must be completed. This, certainly sounds like fun, but why not have someone else do all of this work for you. All you need to be concerned about is giving to the charity you love.

Top 5 Reasons to Donate Your Car through Bay Area Car Donation Services

What is the first, and probably most popular, reason to donate your car? You get a tax writeoff for car donation services. For every Bay Area car donation you make, you may receive a tax writeoff for car donation services. If you have been wondering how you were going to get that tax break this year, then here is your chance. Don’t forget to drop off a Bay Area car donation this year.

A second reason to donate your car is to help the less fortunate. Not everyone has a heart of gold, but even if you don’t have a heart of gold you can help those who are in need by making a donation. Every car that is donated gets turned into scrap cash for local charities or a great running car. When sold the funds from these cars will help out local charities and provide affordable cars to the less fortunate. There are people who wouldn't even be able to own a car if it were not for charities like these. Why keep that huge lawn ornament out in the yard anyway? Instead, bring it down as a Bay Area car donation.

This brings us to the third reason you might donate your car. You’ve decided to clean up the yard. Very briefly it was mentioned in reason number two that you might want to get rid of that yard ornament. But you should really consider the costs of keeping it in the yard. In many areas you can be fined for having it sit there, while in other areas you may have to keep buying tabs every year. Working with a Bay Area car donation service could save you a lot of money in the long run! Don't forget about reason number one though. That tax writeoff for car donation services could save you even more money. The fourth reason you might donate your car is that it’s gathering dust. Why let a perfectly good car go to ruin in your driveway? If you have no friends or children who need it, then why not donate it? Did you know that a sitting car can oxidize and slowly eat away at the gas tank? Repairs for a sitting vehicle can become very costly. Instead, donating your car to a Bay Area car donation service gets you the satisfaction of helping out your local community charities and a tax writeoff for car donation!

What’s the fifth and final reason to donate your car? That’s easy, get rid of it and shut your neighbors up. An unsightly car in your driveway can be like an awful blemish upon the neighborhood to some. The car may run perfectly well, but what do the neighbors care it's ugly.

Top Benefits of Car Donations

There are a number of ways to donate your vehicle. Vehicle donations are performed by many philanthropic individuals. This is a way to save on your taxes and also do a service for the community. Car donations are easy to do as there are many organizations that accept cars for donation. Vehicle donation is one way to feel that you are getting to help less fortunate individuals in the community and get a tax deduction for yourself as well. It is a great thing to do. There are several organizations that welcome and accept these vehicle donations.

Some of the Agencies that Accept a Vehicle Donation

The Salvation Army is one of the agencies that accept vehicle donations. The United Way is another agency that will accept car donations. Other likely candidates may be Goodwill and similar service organizations. In some cases, there is even a charity website that likely describe which agencies might accept a vehicle donation. Often, Veterans’ organizations will take these vehicles as well. Specialized organizations such as those dealing with breast cancer are another possibility. Car donations are easy to do.

Some Agencies will Give Rewards for a Vehicle Donation

Sometimes there will be rewards that are given for vehicle donations such as a free travel voucher or a hotel stay. It is really up to the individual agency as to what they choose to do. At the minimum you will get a tax deduction for donating your vehicle. Car donations are good to do for obvious reasons. It can really make the difference between an individual having transportation, and not having transportation anywhere for work, school, or being able to run errands and make essential medical appointments.

One can look to find the agencies that will best suit the individuals’ need to donate the car. Remember that car donations are definitely a powerful way to help fellow citizens in need. A vehicle donation is often easy to do and many people will benefit from it. Check with the particular agency that you want to donate to make sure that they are ready, willing, and able to accept your vehicle donation. You will also want to be sure that you can meet particular expectations for the vehicle in question: Such as whether or not a vehicle is in good running condition; or a non-operating condition.

In most cases, certain agencies don't accept vehicles that are too old or not passing inspections. This is an issue that an individual can discuss with a particular organization if they decide to make a vehicle donation.