I Need to Know How to Donate a Car to Charity: I Want to Donate My Car Today

Posted on Sunday 27 September 2009

Q: I want to donate my car, is this intermediary company legit?
A: Chances are the answer is a strong no. Most intermediaries are in it for the profit they get from people who don’t know how to donate a car to charity. They want to “help you” because they want about 50-90% of the value of the car before they send what’s left to charity.

Q: I know what charity I want to donate my car to, but how do I know if I’ll get my tax benefit?
A: One of the biggest parts of knowing how to donate a car to charity is knowing to ask if the charity has 501 (c) (3) status. This is what the IRS requires for a car donation to be considered valid for a tax benefit.

Q: I’ve read they can tow the car for me at no charge, should I take advantage of this?
A: While it might seem tempting the answer is no. If you want to know how to donate a car to charity with the most benefit consider any extra costs you could be inadvertently deducting by using these services. By saving the cost of towing your car they get that much more out if it.

Q: I want to donate my car to charity, how can I tell if they’re worthy?
A: So you want to know, How to donate a car to charity? For This Specially You can use websites like that of the better business bureau and Charity Navigator to find great charities or research the background of one you’re considering.

Q: The charity I want to donate my car to told me to leave the title blank. Is this ok?
A: Under no circumstances should you do this! You don’t know who’s going to have your car after you donate it and usually the charity doesn’t either. If you want to avoid having any parking tickets and illegal activity coming back to you (as it will since you’re the last recorded owner) you’ll need to sign it over to the charity.


2 Comments for 'I Need to Know How to Donate a Car to Charity: I Want to Donate My Car Today'

  1.  
    September 28, 2009 | 6:50 am
     

    [...] View original here:  I Need to Know How to Donate a Car to Charity: I Want to Donate My Car Today [...]

  2.  
    September 29, 2009 | 11:14 pm
     

    [...] Helping America « I Need to Know How to Donate a Car to Charity: I Want to Donate My Car Today Donating Your Car to Charity: Car Donations in New [...]

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