Are you one of the thousands of people that wants to donate a vehicle like a car or motorcycle or boat but, wants to know the benefits first? For most people, donating a vehicle is an intimate experience. The vehicles donated are often times teenage projects and even late model family cars, each carrying along with it good, bad and indifferent memories. With that said, if you are one of the people that is about ready to donate your car but, want to know the benefits first, here is a list of the great things that car donations bring to people:
Benefits Of Donating A Vehicle
- Free Junk Car Removal: It is no secret that most vehicles these days are junk cars or recreational vehicles that no longer run. In many cases, consumers find donating a vehicle to be the best way to have it removed from their property. Because these vehicles are being donated, people don’t have to pay the towing expenses involved in moving the donations from place to place, Cars Helping Charities will cover all expenses involved in donating cars!
- Tax Deductions: As with any donation, when you decide to donate a car, there are definitely tax benefits that follow. Each person that donates an automobile will receive a donation receipt in the mail once their donation has been processed. If the car or vehicle donation generates proceeds less than $500.00, the consumer will receive a tax deduction receipt good for a $500.00 tax deduction. However, if the car donation generates proceeds in excess of $500.00, the consumer will be given a tax deduction receipt equal to the amount of proceeds generated through the sale of the vehicle donation.
- Helping The Community: Although free junk car removal and tax deductions are indeed great benefits to vehicle donations, what I feel is the best part about donating a car is the feeling that you get from helping the community. When it comes down to it, automobile donations provide much of the funding that allows charities to find cures, provide food and shelter for the homeless, empower the disabled, protect our children and much more! When you make the decision to donate a car, you are making the decision to help a child with cancer or provide water to communities that are suffering through droughts. It always feels great to do anything that helps those in need and when you decide to donate a car, that’s exactly what you are doing!
I hope that if you were one of the many people that found themselves looking for the benefits of donating a vehicle that I have answered all of your questions here! Please feel free to read more of our articles about automobile donations and how they both help the donor and the community!
