Friday, May 25, 2012
Car Donations - Tip #1
Keeping an old car is a big hassle as it takes up a lot of precious space in the garage and is of no use to the owner. To dispose of this hassle most people choose to sell it to somebody from the Internet or the paper. Selling a car is time consuming and requires a lot of time and possibly some money for advertising in the paper and online forums. It is easier to donate the car. Bay Area car donations are indeed a great way to make use of an old vehicle. It is a smooth and fast process.
Bay Area car donation service collects vehicles from the donors and sells them off. The money from these proceeds is donated to a charitable organization. Many organizations are there that work on different needs. While collecting the car, Bay Area car donation services provide a receipt that is useful to the donor when they file taxes. Considering these benefits many people choose San Francisco car donation over selling the car themselves.
A car that is in good condition can expect a fair market value, tax write off. If the car is not in the best of shape or is not running, then often an assessment will be done and a tax write off will be given based on the evaluation. If the donation company chooses to auction or repair the vehicle and they receive more than what the assessment was they will send you an updated tax donation form reflecting the new price. Prices and conditions are based off of price guides such as Kelly Blue Book or NADA. There are San Francisco car donation services that donate the car to charities that will rebuild the car and give or sell them to low income families that could not afford the higher price of new vehicles.
If you have an old car and cannot find a suitable buyer for it, then you can always call a Bay Area car donation service who will take it off your hands. You will have the satisfaction of knowing that you are contributing to the community as well as receive tax deductions for yourself. The dual benefits of vehicle donation make it an attractive option to many Bay Area residents. It is a way to give back to the community as well as feel good about doing something for somebody in need.