What Can You Do If You Want to Get Rid of Your Old Car?


Are you really prepared to waste your time and money on placing an ad or showing the car to prospective buyers? In addition, you cannot make money at all. You will just create a cost. Best way is to donate your car to charity. You will do something good and give to a charity, and you will benefit from this because all car donations are tax deductible.
It is very easy to donate a car. You can find large number of charities that accept car donations. You can do a quick internet search to find which charities are operating in your area, and what they offer. Some of them even send towing service to collect a car.

When you find a charity in your area, contact them and find if they are accepting your type of a car. Usually charities are accepting wide variety of cars, even if they are broken. Only difference is that if they are broken, you will have to arrange towing.

And for the tax deduction part, you can find more if you read IRS Publication 4303. You can find there how to deduct your car donation from your taxes.

You should check if charity organization where you want to donate a car is registered with IRS as non-profit charitable organization, because you have many "bogus" charities that just want to make money.

As we said, the best way to get rid of your old car, and to do something good, is to donate car to charity. So why don't you do that?

0 comments