Benefits of Donating a Car to Charity
December 31, 2015 - Posted By Andrew Jones
Benefits of Donating your Used Car:
• Helping those in need
Donating a used car provides a valuable source of donations to charities. Through services like V-DAC you can choose a charity that you believe in to guarantee your money is going directly to a worthy cause. This gives a great sense of personal satisfaction that also comes with a financial benefit.
• Donations are Tax Deductible
Your vehicle donation not only directly helps a charity of your choosing, but it also comes with a tax benefit. A car that is donated to charity can be used as a tax write off for the total sale price or fair market value of the car. This gives you an extra incentive to use your used vehicle to do good.
• It Eliminates Hassle
Donating your used car to charity can take car of many of the hassles that come with getting rid of an old car. Older cars, especially those that are no longer running can be a huge hassle to get rid of. You have to find a place that will take the vehicle and you may even have to get it towed. It can also be hard to even know what the vehicle may be worth. When Donating a vehicle you do not have to worry about any of these issues. The simple process starts with filling out some basic information about your car online and then sending in your title to the donation company. The donation service will then quickly take care of the towing and the processing of the vehicle. They send you a final receipt for your donation and you are then free to take your tax write off.