Car Donation Services

Written by Rylee Newton
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If you're thinking about donating your car to charity, you can work with a car donation service. Many of the car donation services in the country work with charitable organizations to filter funds where they are needed most. When searching for a car donation service, it's important to look for three crucial things: towing service, IRS compliance, and charity affiliations.

Finding the Right Car Donation Service

One of the main reasons people give their cars to charity is convenience. While some people do donate newer cars, the majority of cars received by charities are older model cars with high mileage. Some charities even accept cars in need of mechanical repairs. Rather than paying to have your car towed away or repaired, you can donate it to charity, and have it taken off your hands for free.

When you donate your car to a charitable service, you need to make sure to receive proper documentation of the transaction. Thanks to new tax laws, you no longer have to determine the fair market value of your car. Instead, your write-off amount is determined by the final sale price for your vehicle. It's important to work with a company that provides you with a receipt of sale for your tax records.

When you donate your car to charity, it's always a good idea to find a cause that is close to your heart. In some cases, you will be donating in excess of $5,000, which is a substantial donation to charity. Some car donation services can even split your contribution among several different charities.

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