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What You Should Know About Car Donation Programs

By: Ray Lam


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Hundreds of charities have begun to adopt car donation programs as a way to raise funds or to provide themselves with no-cost vehicles to help operate their programs. But rather than managing the car donation programs themselves, they will often turn to fundraising organizations to actually handle the donation and auctioning of the vehicles. And that policy can mean a problem for you.

Finding a car donation program should be fairly easy as there are many charities that set up this kind of donation. Many charities will come to your home and remove your old car with no out of pocket expense to you. There are very little restrictions when you look for a car donation program to utilize your old car for the good of others. Most charities that run a car donation program only require that you have four inflated tires.

Another organization for you to consider would be Cars 4 Causes, which was founded in 1997. Do not be fooled by its name; it accepts all types of vehicles, not just cars. Car Angel is another organization which accepts vehicles other than cars. They started off providing scholarship funds, and slowly diverted into other charitable causes by adopting the vehicle donation program in 2001.

If you find that they are a private group running the car donation programs of several charities, find out exactly what they plan to do with the car you donate. Will the car be repaired and given to the charity to help in its work? Or do the fundraisers intend to auction the car off and if so, how much of the proceeds will go to the fundraisers, and how much to the charity?

Legitimate car donation programs greatly simplify the process of connecting you with a charity which will benefit from your gift. But it's your responsibility to research the various car donation programs in you area and ensure that as much a possible of your car's value will be channeled to the charity, and that the charity itself is one recognized by the IRS. Otherwise, your well-intended car donation may turn into a big problem at tax time, when you attempt to take an unwarranted deduction!

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Learn about donation of car by visiting car-donation-advisor.info and get a FREE limited report on "Car Donation Programs" by visiting car-donation-advisor.info,a website providing free advice on how to donate your car

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