The end of the year is fast approaching and many of us are looking for ways to receive a tax benefit.
One great way to save money on your taxes and vehicle expense is to donate your car to charity.
When you donate a vehicle to a qualifying charity, you can deduct the amount that the car sells for if it’s over $500, or the fair market value up to $500. You can read our Car Donation Tax Deduction Guide for more details.
For a charity to qualify for a car donation tax deduction, it must be a non profit tax-exempt organization that falls under IRS section 501(c)(3).
One super easy way to know for sure if a charity qualifies, is to choose from the hundreds of charities in our Find a Charity database. Donate-a-Car has done all the work for you by pre-qualifying all of our trusted charities giving you the most options for your car donation! All you have to do is choose the charity you want to benefit with your car donation.
Another great benefit of donating your vehicle to charity is that your car gets picked up by a professional towing company at no cost to you. If you have a car, truck, trailer, van, RV or other type of vehicle that you would like gone, it can be towed away within 24-48 hours of donating it. This can be great for freeing up some needed space.
Simple and Beneficial
Donating a vehicle to charity is very easy to do by calling us at 1-800-237-5714, or using our online donation form. Your car will be picked up at a time and place convenient for you. We take care of all the paperwork and after your vehicle is processed, you will receive a receipt in the mail for tax purposes.
You get to enjoy the great feeling knowing that your donation is doing good for a cause you care about. Each car donation to charity makes a difference.
If you’ve been thinking about donating a vehicle to charity, call today. If you donate before the end of the year, you can use the tax benefit when you file your tax return for this year!