Donating Junk Cars – 2 Ways to Donate Your Auto to Your Favorite Charity
You might think that the only things that you can possibly get out of donating junk cars is clearing some space in your yard, and giving the local pest population one less nesting spot. While these are both true and completely valid reasons for donating junk cars, they are by no means the only reasons there are. For one thing, you can actually get a deduction off of your taxes, just for donating that old automobile of yours.
You might be wondering how you can take a deduction for donating junk cars. After all, your automobile obviously does not work, or else you would have already sold it to someone. There are a few reasons why people usually have these old automobiles lying in ruin on their property: No title. The car is inoperable. Or it is missing parts. No matter which one of these reasons have prevented you from selling your used car, it is not a problem as far as charitable vehicle donation.
While the car that you donate may not have any sort of value to you, it most certainly does have value aplenty to someone. First, you want to determine which charitable organization that you want to donate to. There are plenty that accept car donations, including the ASPCA, American Diabetes Association, or even the Habitat for Humanity car donation program. You want to check with each charity directly to follow the guidelines for automobile donation. In terms of claiming your tax deduction, you want to carefully follow the IRS car donation rules to become knowledgeable on how much you can writeoff.
Donate or sell your used car?
A lot of people do not realize it but you can either donate your automobile outright or you can act as the middleman and sell your used car and donate the proceeds to charity. One of the advantages to going this route is if you can decide how much you want to donate to charity, or even which charity to donate to – while many large charities have automobile donation programs, your favorite local charity may not. In this case, you can still make your donation count and here’s how:
Suppose your car sells for $1000 – you can donate half of that amount to the charity of your choice and keep the proceeds for the other half for a rainy day. If you choose to go this route, you can do the research to find a buyer, or you can consult a national service like Buy My Wreck. This company will make an offer based on the year, make, model and condition of your vehicle, schedule a time and date for pickup, and many times, you can get cash for your junk car on the spot. You can take your proceeds and donate a portion of it to your favorite charity.
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If you ask most automobile and truck owners what the purpose of their vehicles are they may well give you a blank stare. Yet we take our vehicles for granted. In 2010 / 2011 we have the 3000 mile salad delivered via semi trailer on American highways from California or Mexico. Autos as most as those in the green field may dislike are essential for America’s trade and transportation. We need to get to our jobs for daily income and commutes. When you get down to it autos and auto traffic and transportation is what America is built on and is sustained on. Even if you want to public transportation and the bus or even train you still be driven via gas or diesel fuel power locomotion. There seems to be little getting around that in our current millennium.
It can be said that overall your average American or Japanese import vehicle has more than 2500 parts and up to 100 different materials in their makeup and composition. Everything from rubber and plastic synthetic components,to steel, copper and chrome with lots of exotic metals including “rare earth metals” in their magnets, electrical motor magnets and electronics and even good old fashioned chrome from place to place. Add sophisticated electronics and electrical sensors dabbled all throughout current model types. Cars, trucks and buses have all evolved into sophisticated machines and even transport center units.
Yet despite, or even in spite of all of this sophistication, and even electronic wizardry automobiles on America’s interstate highways and your local streets or roads remain our bread and butter basic transport to get us where we are going or move goods and services to us reliably and on time. It is the old horse and buggy – speeded up to modern times and carrying a lot more and a lot faster.
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