Cars Helping America

If you want to learn where to donate a car so that you can be sure of receiving a tax receipt, there are a few things you need to know first.

One important point is that not every organization will be able to accept vehicles and give you a tax write off. In order to donate car for tax purposes, you need to make sure that they are a registered charity or a religious organization. Other organizations may love your vehicle and could benefit from it as well, but if you want a tax receipt, a charitable organization is the only one who can issue you a receipt.

Under US law, that means that the charity must be a 501 C-3 designated not for profit organization. Religious organizations and charitable organizations fall under this designation, and it is these groups that can offer you a tax receipt.

If you wonder how much of a write off you can get, it really depends on the value of the car. Often, the car will be appraised using the Kelley Blue Book. This is a book that calculates the value of a car based on the make, model and year that the vehicle was manufactured. Depending on the vehicle’s blue book value, the amount of your tax receipt will vary as well.

Keep in mind that your vehicle does not need to be in running condition for it to benefit a charity. There are many ways that a car, even a non-functioning car, can be used to raise money for that charity. It can be stripped down for spare parts or it can be sold for scrap metal, and the money used to support the programs and the daily operating costs of that charity.

Vehicle donation can be an amazing gift to a charity and is something that you should consider today.