Power Boosters

The Best Car Charity to Donate To

Have you ever went to a dealership with a trade in that was had over 100,000 miles and was over 10 years old? Depending on which dealership you went to, chances are you were shown various figures for it. Dealers sometimes play games with the value of your trade car, but the true amount of money they give for a car with a little age on it usually ranges from 50 to 500 dollars. They then take the car to an auction and sell it for as much as three times what they gave you for it. So is it better to sell it yourself? It depends on how much work you want to put into it. You can spend money and put an ad in the paper, get ten people per week to come to your home and look at it, and still not sell it after six months. So what is a no hassle way to get rid of the car you no longer need? Donate your old car to charity.

Donating your car to a qualified charity is fully tax deductible, and it eliminates the headache of trading it to a dealership or trying to sell it yourself. But which charity should you donate it to? The answer is simple, any one you want! If there is a local charity you feel strongly about and want to support, give them a call and talk about donating your car. Have you ever been to a charity outing where they raffled of a car? Chances are the car was donated to the charity by someone just like you! And if they don't raffle it off, they can always find a place to sell it, and the money will go to a good cause.

So if you decide you would like to donate your car, make it a charity that you feel strongly about and would like to help. And, you may get a tax deduction if the charity you donate to is eligible to receive the donation. To check if a charity is eligible, go to www.irs.gov/bus_info/eo/eosearch.html and search IRS publication 78. It might also be a good idea to speak with the charity directly, to be reassured the donation is going to benefit the charity.

For more free information about donating a car for kids visit Cars to Charity. This free resource provides information about charities, tax information and useful links to help you find a car charity to donate to.

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Getting better rates and terms on your home equity line of credit is
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Refinancing a line of credit will help you establish a payment plan.
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View our recommended Refinance Home Equity Loan lenders.