By Charles Davidson
In the last few years, the idea of donating older cars to charity is an idea that has begun to take hold. Spurred on by tax advantages, many people like the idea of helping a good cause and getting a little benefit from their action.
Because it’s such a new idea, donating a car to charity may make people nervous. They don’t know what to expect or how to go about it. As a result, it’s easier to sell a car or have it towed off to a junkyard.
It’s actually very easy and most charities that accept car donations will help you through the process. Here are some common questions and answers about car donation programs.
Are Car Donation Programs Real?
Some people doubt whether car donations are real. It doesn’t make sense to them to give a way a car, even if there are some benefits to the donor. They are caught up in the idea that it doesn’t sound right and there can’t possibly be a way to benefit from car donation.
Car donation programs are real and the IRS does offer tax benefits to anyone who donates a car to charity – just like the benefits for making cash donations or contributions of clothing or furniture. The only restrictions that apply involve the amount of money you can claim as a deduction on your tax return.
How Do Car Donation Programs Work?
Many charities accept car donations with the idea that they can turn around and sell the car at auction. The money from the proceeds can then be used to pay the expenses of the charity’s programs.
Other charities accept cars in order to provide them to people who need transportation. In our society, cars are considered a necessity. Someone without a car can feel removed from society, isolated and facing discrimination. Opportunities – jobs, education, and social activities – can be missed when someone doesn’t have a car. These charity organizations provide cars for people who need them.
Other organizations don’t regularly accept cars but will accept a vehicle if it helps them fulfill their mission. A soup kitchen, for example, might have a need for a new truck to help them pick up food and supplies and deliver them to the kitchen. Since the donation of a delivery truck would help them with their primary purpose, they would rather keep the truck than to sell it or give it away.
Do People Really Donate Cars to Charity?
Article Source:
Donate Your Car for a Cause
Tags: Car
Donate Your Auto
NLP na Mazurach
Saturday, December 30, 2006
Tuesday, December 26, 2006
Wondering What To Do With That Old Car, Why Not Donate It?
By Gregg Hall
How many cars do you have in the driveway? One, two, maybe more? Do you use them all? Are they all really necessary? While it may seem that you need each car, it may be that having more than one is actually costing you more than you think.
Consider how much the insurance is costing you on that second car. Couldn't that money be better spent elsewhere? Do you have children? Will they be going to college? The money that you are spending on insurance could be saved for a college education. College isn't getting any cheaper; in fact, the prices are climbing more every year.
Here is a crazy idea, why not donate a car to a charitable organization?
Are you too busy to try to sell the car?
Is there any use for the old car?
There are organizations that would be willing to tow it away for you for the donation.
What are the incentives to donating a car?
Helping people in need (obviously).
An excellent chance that you could write off the resale value of the car as a tax deduction.
The organization would more than likely be very willing to let you know what price they received for the car when they sold it.
You in turn, would supply this information to the person who does your taxes so it could be put in your tax return.
In other words, this helps you as well as the organization.
A car donation works basically the same as any other donation with the exception that the organization will sell the car and then use the money that they receive for the car for something good. The organizations can be for anything. They can be cancer organizations, homeless organizations, Make a Wish type organizations, etc.
When you donate the car it is considered a donation for what the current Kelley Blue Book value is. The mileage is also considered in the value of the car. When you donate the car the organization will give you a receipt for the car with the current Blue Book value on the receipt. This helps in showing that the donation was a legitimate donation especially if the name and address of the organization is on the receipt. Another situation where a couple of bad apples have spoiled the whole bunch, some people have made up deductions so it is always a good idea to have proof.
If the person would sell the car and get more than the Blue Book value for the car they would have to report that as a gain and then report that on their taxes and actually have to pay taxes on that gain. But, if the person would get less than the Blue Book value the person would not be able to report that as a loss unless of course they were in the business of selling cars. In other words, a car salesman could report that as a loss but a grocery store owner could not.
Article Source:
Wondering What To Do With That Old Car, Why Not Donate It?
Tags: Car
Donate Your Auto
NLP na Mazurach
How many cars do you have in the driveway? One, two, maybe more? Do you use them all? Are they all really necessary? While it may seem that you need each car, it may be that having more than one is actually costing you more than you think.
Consider how much the insurance is costing you on that second car. Couldn't that money be better spent elsewhere? Do you have children? Will they be going to college? The money that you are spending on insurance could be saved for a college education. College isn't getting any cheaper; in fact, the prices are climbing more every year.
Here is a crazy idea, why not donate a car to a charitable organization?
Are you too busy to try to sell the car?
Is there any use for the old car?
There are organizations that would be willing to tow it away for you for the donation.
What are the incentives to donating a car?
Helping people in need (obviously).
An excellent chance that you could write off the resale value of the car as a tax deduction.
The organization would more than likely be very willing to let you know what price they received for the car when they sold it.
You in turn, would supply this information to the person who does your taxes so it could be put in your tax return.
In other words, this helps you as well as the organization.
A car donation works basically the same as any other donation with the exception that the organization will sell the car and then use the money that they receive for the car for something good. The organizations can be for anything. They can be cancer organizations, homeless organizations, Make a Wish type organizations, etc.
When you donate the car it is considered a donation for what the current Kelley Blue Book value is. The mileage is also considered in the value of the car. When you donate the car the organization will give you a receipt for the car with the current Blue Book value on the receipt. This helps in showing that the donation was a legitimate donation especially if the name and address of the organization is on the receipt. Another situation where a couple of bad apples have spoiled the whole bunch, some people have made up deductions so it is always a good idea to have proof.
If the person would sell the car and get more than the Blue Book value for the car they would have to report that as a gain and then report that on their taxes and actually have to pay taxes on that gain. But, if the person would get less than the Blue Book value the person would not be able to report that as a loss unless of course they were in the business of selling cars. In other words, a car salesman could report that as a loss but a grocery store owner could not.
Article Source:
Wondering What To Do With That Old Car, Why Not Donate It?
Tags: Car
Donate Your Auto
NLP na Mazurach
Monday, December 18, 2006
Reasons Why Car Donations Work
By Michael Rad
You might find yourself in the following situation: your car recently broke down and fixing it will actually cost you more than its worth or more than you expect. By saving the money required for the mechanical support, you might use them to purchase a new and better car. Secondly, car donation gives you a great satisfaction, because it is a noble and meaningful gesture. By understanding that you can help others in the process, you might find it easier to let go of the car you have been driving in the past years. Some of the charitable organizations work to support children and their needs to get a car for their daily duties. There are others organizations that work for the less fortunate people, who simply can afford a car, although they are in great need of one. Finding a great and meaningful cause and supporting it might be more fulfilling than you expect.
Another reason to consider a car donation is the old age of your car. If you have problems due to its increased mileage and great number of years, which imply frequent visits to the mechanic and various conditions that take a lot of your time and money, then opting for car donation might be the answer. Even more, most of the charity foundations will fix up the car before actually offering it to the ones who need it. You might find yourself in the situation of relocating to a far place or simply wanting to quickly sell your car. If you already decided to give up your car and you are thinking about fast and safe ways to do so, then opting for car domination is the right solution. Car donation saves you the hassle of finding a buyer, presenting the car too many times, haggling about the price and dealing with the frustrating paper work. Car donation is a great choice if you are in search of a new and better car or if you are simply trying to get involved in a charitable activity, which is affordable, meaningful and easy to follow.
(...)
Article Source:
Reasons Why Car Donations Work
Tags: Car
Donate Your Auto
NLP na Mazurach
You might find yourself in the following situation: your car recently broke down and fixing it will actually cost you more than its worth or more than you expect. By saving the money required for the mechanical support, you might use them to purchase a new and better car. Secondly, car donation gives you a great satisfaction, because it is a noble and meaningful gesture. By understanding that you can help others in the process, you might find it easier to let go of the car you have been driving in the past years. Some of the charitable organizations work to support children and their needs to get a car for their daily duties. There are others organizations that work for the less fortunate people, who simply can afford a car, although they are in great need of one. Finding a great and meaningful cause and supporting it might be more fulfilling than you expect.
Another reason to consider a car donation is the old age of your car. If you have problems due to its increased mileage and great number of years, which imply frequent visits to the mechanic and various conditions that take a lot of your time and money, then opting for car donation might be the answer. Even more, most of the charity foundations will fix up the car before actually offering it to the ones who need it. You might find yourself in the situation of relocating to a far place or simply wanting to quickly sell your car. If you already decided to give up your car and you are thinking about fast and safe ways to do so, then opting for car domination is the right solution. Car donation saves you the hassle of finding a buyer, presenting the car too many times, haggling about the price and dealing with the frustrating paper work. Car donation is a great choice if you are in search of a new and better car or if you are simply trying to get involved in a charitable activity, which is affordable, meaningful and easy to follow.
(...)
Article Source:
Reasons Why Car Donations Work
Tags: Car
Donate Your Auto
NLP na Mazurach
Sunday, December 17, 2006
It's Not A Joke: Donate Your Car
By Tom Sample
Donating cars to others can make a very big difference in people's lives. But, when you do make the choice to donate a car, you should be certain the vehicle you're giving away is one that will truly help the person who receives it.
When you donate cars, it's very important to be certain you really want to give a car away. A donation of a car is a big investment in charity. It's also something that will be a very big deal to the person who receive the car you've donated.
If you think about it, when you donate a car to charity, the gift can really help give someone freedom to pursue their dreams. Very often all that stands between a person and independence is an ability to get to where they need to go. Everything from employment to medical appointments can depend on having reliable transportation. A gift of a donated car can really help give this to someone who desperately needs it.
Single people, families and single parents can all benefit from donated cars. When the cars are solid and they come with no strings attached, they can serve as a much-needed hand up to assist a person in building their life anew.
To make sure your donated car is a good gift for its recipient, it's important you do a few things before you turn it over:
* Clean the donated car inside and out. Make sure the people you intend to donate the car to know you think they are important by ensuring the vehicle is properly cleaned and detailed.
(...)
Article Source:
It's Not A Joke: Donate Your Car
Tags: Car
Donate Your Auto
NLP na Mazurach
Donating cars to others can make a very big difference in people's lives. But, when you do make the choice to donate a car, you should be certain the vehicle you're giving away is one that will truly help the person who receives it.
When you donate cars, it's very important to be certain you really want to give a car away. A donation of a car is a big investment in charity. It's also something that will be a very big deal to the person who receive the car you've donated.
If you think about it, when you donate a car to charity, the gift can really help give someone freedom to pursue their dreams. Very often all that stands between a person and independence is an ability to get to where they need to go. Everything from employment to medical appointments can depend on having reliable transportation. A gift of a donated car can really help give this to someone who desperately needs it.
Single people, families and single parents can all benefit from donated cars. When the cars are solid and they come with no strings attached, they can serve as a much-needed hand up to assist a person in building their life anew.
To make sure your donated car is a good gift for its recipient, it's important you do a few things before you turn it over:
* Clean the donated car inside and out. Make sure the people you intend to donate the car to know you think they are important by ensuring the vehicle is properly cleaned and detailed.
(...)
Article Source:
It's Not A Joke: Donate Your Car
Tags: Car
Donate Your Auto
NLP na Mazurach
Wednesday, December 13, 2006
Charity Car Donation – Steps to Take
By Michael Rad
You can donate your car to a wide range of charity organizations, but picking the most representative ones requires getting some previous information. So before actually donating your car, make sure you get some relevant info about the charity organization, its purposes, projects and usage of your car. You might find out that there are various organizations that have different goals and you will probably find, among them, a great cause and possibility to donate your car to something meaningful.
Even more, make sure that your car is going to go to an eligible organization that is serious in its acts and has valid previous work. In order to be sure, speaking directly with the charity agents is the safest way to go. In fact, the IRS requests that the donors are aware of the type of the fundraiser society they choose. When talking to the charity representatives, the most important information regards the exact usage of your car, if it will be sold, fixed up, offered to the less fortunate people and so on. Besides these, you should check up if the charity organization is qualified and in order to know that for sure, you can review the organization’s state registrations and financial situations, administrative costs and charitable programs.
(...)
Article Source:
Charity Car Donation – Steps to Take
Article Sourse II
Tags: Car
Donate Your Auto
NLP na Mazurach
You can donate your car to a wide range of charity organizations, but picking the most representative ones requires getting some previous information. So before actually donating your car, make sure you get some relevant info about the charity organization, its purposes, projects and usage of your car. You might find out that there are various organizations that have different goals and you will probably find, among them, a great cause and possibility to donate your car to something meaningful.
Even more, make sure that your car is going to go to an eligible organization that is serious in its acts and has valid previous work. In order to be sure, speaking directly with the charity agents is the safest way to go. In fact, the IRS requests that the donors are aware of the type of the fundraiser society they choose. When talking to the charity representatives, the most important information regards the exact usage of your car, if it will be sold, fixed up, offered to the less fortunate people and so on. Besides these, you should check up if the charity organization is qualified and in order to know that for sure, you can review the organization’s state registrations and financial situations, administrative costs and charitable programs.
(...)
Article Source:
Charity Car Donation – Steps to Take
Article Sourse II
Tags: Car
Donate Your Auto
NLP na Mazurach
Monday, December 11, 2006
Why Donate Your Car To Charity?
By: Daniel Richards
If you have an old car in your garage (or backyard) and you don’t have a clue how to get rid of it, one way is to donate your car to a charity. You might think that your old car won’t matter at all and it’s a piece of junk, but your car can still be useful. You will be helping a lot of people, and at the same time gain something for yourself. Car donation is the best option to get rid of an unused car while giving you the chance to help yourself and others. Your charitable donation might mean a lot, without you even realizing it.
You can get started by finding a charitable institution online. It is best to search for them online because it is the easiest, fastest way to get the information you need. While online, you can speak to a representative and they will explain the steps and procedures and the law regarding tax deductions. If is important that you are aware of the tax deduction rules so that you’ll know what to expect regarding the benefits you’ll get from your donated car.
If you donate your car, you can claim a tax deduction of up to $500. If the charity sells your vehicle for more than $500, you will be notified with the exact amount of the sale, and can use this amount on your tax return. The market value will depend upon the kind of vehicle you donate. Not all values are equal. For example, late model cars and vans that have seen a lot of miles can be used, though they might need some costly repairs before they are ready to be put back on the road by the charity.
(...)
Article Source:
Why Donate Your Car To Charity?
Article Sourse II
Tags: Car
Donate Your Auto
NLP na Mazurach
If you have an old car in your garage (or backyard) and you don’t have a clue how to get rid of it, one way is to donate your car to a charity. You might think that your old car won’t matter at all and it’s a piece of junk, but your car can still be useful. You will be helping a lot of people, and at the same time gain something for yourself. Car donation is the best option to get rid of an unused car while giving you the chance to help yourself and others. Your charitable donation might mean a lot, without you even realizing it.
You can get started by finding a charitable institution online. It is best to search for them online because it is the easiest, fastest way to get the information you need. While online, you can speak to a representative and they will explain the steps and procedures and the law regarding tax deductions. If is important that you are aware of the tax deduction rules so that you’ll know what to expect regarding the benefits you’ll get from your donated car.
If you donate your car, you can claim a tax deduction of up to $500. If the charity sells your vehicle for more than $500, you will be notified with the exact amount of the sale, and can use this amount on your tax return. The market value will depend upon the kind of vehicle you donate. Not all values are equal. For example, late model cars and vans that have seen a lot of miles can be used, though they might need some costly repairs before they are ready to be put back on the road by the charity.
(...)
Article Source:
Why Donate Your Car To Charity?
Article Sourse II
Tags: Car
Donate Your Auto
NLP na Mazurach
Sunday, December 10, 2006
Discount Auto Insurance
By Tristan Andrews
Everyone associates auto insurance with high premiums. With good reason—many premiums are high, depending on the demographics of drivers as well as their driving record. Dissatisfied drivers are constantly looking for affordable insurance from other companies, as indicated by the many free quotes offered online. There is good news—discount auto insurance can be found. The secret to finding discount insurance is to know where to look.
Consider these 5 pointers:
1. Shop around. There are literally hundreds of insurance companies competing for your business. While many of them are priced to compete with each other, others make their money on the assumption that most potential customers are too lazy to shop around for a better quote. The sad truth is, many are. And so drivers are stuck with expensive insurance with high premiums that simply cover what other people have insured for significantly less. There is discount auto insurance out there, but until you search for the best deal in town—or better yet throughout the nation and the Internet—then you might be paying too much.
2. Discount your current auto insurance by raising your deductible. How safe a driver are you? If you learn over a period of time that you’re a near-perfect driver, and better yet, a good defensive driver who avoids other people’s mistakes, then it might be worth thinking about to take a higher deductible. Doing so will lower your monthly auto insurance bill substantially. If you’re a good defensive driver then maybe you can afford to raise your deductible, given that you rarely have to worry about it, and lower your payments. But always be sure in the case of an emergency, that you have enough money saved up to pay the deductible. Stranger things have happened than a week of bad luck.
(...)
Article Source:
Discount Auto Insurance
Article Sourse II
Tags: Car
Donate Your Auto
NLP na Mazurach
Everyone associates auto insurance with high premiums. With good reason—many premiums are high, depending on the demographics of drivers as well as their driving record. Dissatisfied drivers are constantly looking for affordable insurance from other companies, as indicated by the many free quotes offered online. There is good news—discount auto insurance can be found. The secret to finding discount insurance is to know where to look.
Consider these 5 pointers:
1. Shop around. There are literally hundreds of insurance companies competing for your business. While many of them are priced to compete with each other, others make their money on the assumption that most potential customers are too lazy to shop around for a better quote. The sad truth is, many are. And so drivers are stuck with expensive insurance with high premiums that simply cover what other people have insured for significantly less. There is discount auto insurance out there, but until you search for the best deal in town—or better yet throughout the nation and the Internet—then you might be paying too much.
2. Discount your current auto insurance by raising your deductible. How safe a driver are you? If you learn over a period of time that you’re a near-perfect driver, and better yet, a good defensive driver who avoids other people’s mistakes, then it might be worth thinking about to take a higher deductible. Doing so will lower your monthly auto insurance bill substantially. If you’re a good defensive driver then maybe you can afford to raise your deductible, given that you rarely have to worry about it, and lower your payments. But always be sure in the case of an emergency, that you have enough money saved up to pay the deductible. Stranger things have happened than a week of bad luck.
(...)
Article Source:
Discount Auto Insurance
Article Sourse II
Tags: Car
Donate Your Auto
NLP na Mazurach
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