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What else can I help you with?
Is a car donation considered a gift?
Yes, a car donation is considered a gift when you donate your vehicle to a charitable organization.
Which charitable organisations will accept a donation of cars?
Numerous charitable organizations will accept vehicle donations. These include certain branches of Goodwill and even American Red Cross at certain times of year.
Will your credit score be affected if you volunteerly give up your car?
If the vehicle is a charitable donation: If the vehicle has been paid in full then no, it should not affect your credit score. One thing it can effect is your tax return. You should definitely get a donation receipt and claim this as a charitable donation on your income tax return. If the vehicle is a purchase you made and later couldn't afford: Yes, it absolutley will affect your credit score. Unless you make an arrangement with the lender to pay any remaining balance, or they are able to auction the vehicle for as much or more than what you owe.
Where can I find a comparison of places that accept vehicle donation in Seattle?
There are several places to donate vehicles in Seattle like Goodwill or Habitat for Humanity. http://seattle.oodle.com/donate/tips/ offers information on donating vehicles and other items in Seattle. There are several online websites that show places accepting vehicle donations. A search engine will also list and show reviews of vehicle donation businesses in your area.
Where can I find a vehicle donation center in Seattle?
www.donate-car-for-charity.com and www.donateacar.com will provide you with information on donating your car in the Seattle area, including drop off locations.
Who is a good place for vehicle donation in seattle?
Mel Trotter ministiries accept auto dontations. You can write these off on your taxes.
Do you still get a charitable deduction for junk car donation?
You can still get a tax deduction for the donation of your old car. You will receive a deduction that equals the actual fair market value of the vehicle, and you cannot automatically receive the maximum allowance.
Is a charitable car donation a good idea?
Charitable car donations can be a great idea if you have a vehicle to get rid of and you don't think you'll be able to get much for it in a trade or selling it yourself. Also, donating to a charity can be written off on your taxes.
Charitable Car Donation?
While the “cash for clunkers” program put a hamper on some charitable car donations, making the choice to give a used car to a nonprofit organization is still an option that many worthwhile causes hope more former car owners avail themselves of. It is easy and quick to find an organization that will accept donations of cars, RV, snowmobiles or other motor vehicles. This altruism will not only help out a fellow man but, depending upon the value of the vehicle, earn a nice tax write off in the process.OverviewWhile some may have heard about these programs in the past they may not have an idea of what these organizations do with a charitable car donation. A lot depends upon the condition of the vehicle. In the case of a car that is still in working order the organization will often sell it to a used car dealer for fundraising. If the car is not working, cannot pass emission standards, or is “junked”, they can also break down what is usable about the car and sell it off for parts. Some organizations do this directly while some do this through an independent car parts salesman.BenefitsA charitable car donation, depending upon the value of the vehicle, can earn an organization in one sale what months and months of car washes and other fundraising efforts can do with less cost. This is a great way for those groups to earn money and not have to outlay their own. For the donor, altruistic intentions aside this can also provide a fairly good tax deduction if the person itemizes their expenses. To qualify for a deduction, the charitable organization must be registered with the IRS as a non-profit, non-political organization. The IRS’s web site provides a list of organizations that qualify, and even if you are not interested in the tax write off it can be a great resource for locating a worthwhile cause. Another place to find information is the local Salvation Army or Goodwill. Even if that particular location does not do car donations, they may know of an organization or fundraising effort that does. In larger towns charitable car donation groups may be listed in the phone book.ConclusionRather than sending your car off to the junk heap, consider making a donation, consider making a charitable car donation. You’ll help out a worthwhile cause and maybe keep a few bucks from Uncle Sam down the line.
What is the purpose of a vehicle donation charity?
There are many reasons for a vehicle donation charity. The biggest reason for a vehicle donation charity would be so that poor people could get a car for free.
Where can I make a charitable car donation in Chicago?
ChurchandCharity.org has a drop off site right in Chicago. PurpleHearts is a VA charity that takes cars in Chicago. DonateaCar@Charity will also accept your car in Chicago. There are several charities that accept a vehicle for a donation. I would suggest visiting www.kars4kids.org.
What's the procedure for donating your car to charity in North Carolina?
Contact the organization to which you want to donate your vehicle. You'll get detailed information about the process. The organization will have an arrangement with an auto dealer where you will pick up papers for the donation and arrange to transfer the title and the vehicle.
