Friday, May 25, 2012
Car Donations - Tip #3
If you have a car that you want to get rid of and want to purchase a brand new one, make sure that you donate your car to a good cause rather than selling it off at a low price. If you have been thinking about what to do with your old, damaged car you should consider giving it to leading service providers handling car donations. If you donate your car instead of selling it off, you will be able to help certain people who are in need of food, shelter, and money, as well as receive a tax credit. The best providers of car donations take possession of these donated cars and sell them off at an auction and the price that is earned is donated to charities to help people in need.
Car donations are just a phone call away and the company arranges for your car to be towed to a yard. You do not need to worry about how to transport it to their location. Most providers of car donations do it all for you. The tow company will be sent to your place to pick up the car you will sign a release paper and then it’s done. Even if your car is in a bad shape, you can be assured that it will be put to good use. After the car has been picked up, the car donation company will sell the car off either through the internet, wholesale outlets, retail facilities, auction yards, or even an auto dismantling companies. The money that is then earned through the sale of the car is donated to various charities. The car donations company makes sure that a car is sold at the highest selling price to maximize the aid provided to each charity.
A tax deduction is offered to every individual who donates a car. So donate your car, to make a good, kind, and compassionate move and also get a reduction in your taxes. If you are selling your car to someone, you will need to get the proper paper work together and then send in a release of liability for the car. To avoid all of this, if you donate your car, most car donations companies will help you by doing all the tough paper work. Then they sell it off and the funds earned will be used by community charities to help the less fortunate to a great extent. So, if you have a car and you do not want to use it anymore, donate it so that someone in need can make use of it.