Many people have heard about donating a car, but not everyone knows how the process works. Car donation is a great thing to do in a number of situations for a variety of reasons. Some of the top reasons to consider car donation include:
Car is No Longer Running
Some people keep a vehicle until it no longer runs. At that point, it is just stuck in the driveway or on the side of the house. Junk cars are typically unsightly, and in some neighborhoods with an HOA, they can only remain on a property for a limited number of days. If you have a junk car that no longer runs, car donation is the ideal solution. In most cases, non-profit organizations that accept car donations will offer free towing, so it won't cost you a dime to have the old clunker removed from your property.
Repair Costs are More than the Car is Worth
Since cars depreciate quickly, it is not uncommon for an older car to eventually need a number of expensive repairs that add up to more than the vehicle is actually worth. Instead of pouring money into a vehicle that has become a money pit, you may want to consider donating your car instead. Use the money that you would have spent on repairs as a down payment on a new car that won't give you any problems.
Support a Charity of Your Choice
Most people want to help others, but they don't always know how, or they may not have cash available to give. But donating a vehicle that no longer works or needs expensive repairs is a great way to support a cause that is important to you. There are a number of charities that utilize car donations to help fund their services-- do a little bit of research to see which organization you would like to support by donating your vehicle to their program.
In addition to knowing that your donation is helping a charity, car donations are also tax deductions. Depending on the value of your donated vehicle, you may be able to write off a good chunk of change come tax time, which can save you a lot of money on how much you owe. Just make sure you get the proper paperwork from the charity when you donate your car so you have the information you need when filing taxes.
For more information, visit a site like http://actiondonation.org.