Car Donation Tax Deduction

00The car donations to be able to Charity Cars make it possible for us to help countless clingy people each year by giving them the gift of self-reliance and self-sufficiency that, in the particular situations of our screened applicants, only a car can provide. We’ve been distributing free cars to the particular needy since 1996, a 501(c)(3) non-profit charitable organization that is present to aid get families and people on their feet and to some sort of place where they might take health care of themselves and live delighted, healthy and productive lives. Although car donations to be able to Charity Cars constitute the backbone of our organization’s charity operations, we are always even more than happy to accept funds donations as well as contributions of boats, recreational vehicles, aircraft, real estate or any type of other asset that you would like to be able to donate toward helping us support your community be stronger.

One hundred pct of your vehicle donations to Charity Cars goes toward helping the particular needy whether they be clinically needy, the working poor, patients of natural disasters, victims involving domestic violence, military families or perhaps folks transitioning off ofus as simple and as enjoyable as we can.

The benefits of donating a car through Charity Cars goes far beyond just the car donation tax deduction. You can be confident that your gift goes to impacting lives. We provide cars to victims of natural disasters, the working poor, victims of domestic violence, people with special medical needs, military families and more. You’re not just getting a car donation tax deduction, but you’re getting a stronger, healthier community and the rewards of knowing that you are making a difference.

Current tax laws allow you to deduct the fair market value of any car that you donate that we use as one of our program cars. The law mandates that you set the fair market value of your donation and it must reflect the price a willing buyer would pay for that car from a willing seller. We strongly suggest consulting a service such as Kelly Blue Book to arrive at your car’s fair market value. Everyone’s tax situation is different, so we also suggest you consult your tax preparer or an accounting professional when trying to secure a car donation tax deduction. When we take possession of your car, we take it to a repair facility for a safety inspection and to verify that the value of the car has been accurately conveyed to us. In cases where we can not use your car as one of our program cars, we will sell the car at auction, and your car donation tax deduction will be the actual sales price.
Consider donating that car that is just sitting unused in the driveway or garage as an alternative to selling it. Take a short time to read through some of the testimonials of people whose lives have been changed through the generosity of folks like you. We have customer service professionals available to answer any questions you may have by phone.