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Some Sound Advice to Follow When Making Your Charity Car Donation

Published Wednesday, September 3, 2008 by bloggerblognet22596 | E-mail this post

With the used car market now in a slump due to a receding U.S. economy and with rising fuel prices, there is no time better than now to use your used vehicle to make a charity car donation. Of course you can always choose to sell it, but you may find out like so many other people have recently, that selling a used car in todays market place is far more difficult than it used to be. What about a trade in? The fact is, that car dealers will tell you that they are stocked up on used cars that they just can't get rid of now and the price that they can offer you is a pittance of what it was just a few years ago.

Its Good for All parties Involved

A fast and easy alternative that benefits both you and the community that you live in, is to give your vehicle to a worthy charity and in turn, you can claim the value of it as a tax credit when you file your annual taxes. Also, because the charity received it as a donation they then can use the car to train underprivileged and handicapped people in your community in a work training facility that they operate.

Helping the Community in Which You Live

Then, after the car is refurbished they can then sell it at a competetive price, even in a sagging market place. So, everyone benefits from the proposition and the best thing of all is that you can sleep well at night knowing that you have done your part to help others that need it in the community that you live in.

Check to See that They are Legitimate

However you will definitely want to make sure that it is a legitimate charity that you are making your charity car donation to. All legitimate charities welcome inquiries as to whether or not they are in fact registered with the proper government agencies that regulate charitable organizations in the U.S. so don't be afraid to ask.

Get a Written Estimate

Lastly, you will need to have the pink slip to the vehicle in hand when they come to pick up the vehicle. Also, make sure that you receive a written estimate of the cars actual value from them, so you can file it in your tax records.

Written by Karla Yusef. Get all you wanted to know about Donating A Vehicle To Charity and even Car Donation NJ.

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