Why Car Donations Are a Better Option to Selling Used Cars


Image result for Car DonationsWith all of its benefits, it is surprising how few people know about car donations. When they finally decide it’s time to say goodbye to their old car, the first thing that pops up is either sell it second-hand or have it towed to the local junkyard. While both can yield a small profit, automobile donations offer more. Here are just some of the benefits:
Free and Hassle-Free Disposal of a Used Car
Before a used car can even be considered worthy of selling, the owner must dish out some money for repairs and restoration services. More often than not, when the vehicle is finally sold, the previous owner will only have reached a break-even between repair expenses and final selling price. With car donations, there is no need to spend for repairs as vehicles of almost any condition can be accepted. Donors also don’t have to spend a lot of time looking for a willing buyer.
Taxes can be Deducted
If the value of the vehicle is marked over $500, the donor can deduct the amount for which the car was sold. The donor’s chosen charity is obliged to send a Form 1098 B & C within 30 days of the car’s liquidation.
Personal Satisfaction
This is probably the best benefit one can get for giving vehicle donations. Knowing that one has been able to contribute to the betterment of society is more than enough reward for simply disposing of an old and well-worn vehicle. Car donations are among the simplest ways to make the world a better place. They can be used as an act of advocacy for a certain cause or charitable effort.


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