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Who should I donate a car to?
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So you have decided to donate a car! Congratulations, you not only help yourself, but people in need as well, through charities and other organizations.
Who should you make your car donation to?
Before you decide on a company, check their history with the Better Business Bureau and/or the IRS about the tax-exempt status and their ability to accept automobile donations.
You may also want to check local newspapers online. It is always good to know if the charity or organizations you are donating a car to. It is always good to know if the charity you are donating a car to is the subject of an investigation or scandal.
You will also want to research the company to find out how much goes to charity. Some charities that accept car donations keep a high percentage for salaries, fees, and operating expenses which minimize the amount of your car donation that goes to the organization.
The need for vehicles is great, so most nonprofit companies will assist you with your donated car. They will usually help you with the paperwork and transfer of title and/or ownership.
Make sure they company you choose to deal with will help with the paperwork and will pick up your car or truck if necessary. Some places will send out a tow truck, others will send out a driver to drive your car to the desired location.
We have a list of charities available for you to select from.
For tax considerations and deductions, you should consult a tax advisor as the IRS rule governing car donations changed January 1, 2005. |
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