What Happens When You Donate A Car To Charity

2007-03-08 10:33:40

( Charity )



When you donate a car to charity, you are helping a lot of individuals and their families around the country. These individuals are often referred by social welfare agencies or their employers. Most referrals come from the charity’s affiliates and partners. Most affiliates work with victims of domestic violence, families living in shelters and victims of natural disasters.

Most charitable institutions that accept auto donations are non profit. However, there is also a growing number of these institutions that pose as nonprofit organizations when they are not. These types of organizations work with a network of real nonprofit charities where they sell the vehicle you donate with only a tenth of the sale forwarded to the charity.

If you are going to donate a car to charity, you have to be aware that your vehicle may not be actually used as a program vehicle. For your vehicle to be used as a program vehicle, it should meet the organization’s criteria. The vehicle should be safe and reliable. However, these organizations accept all kinds of cars at no cost to you. The charitable institutions are going to shoulder the cost of towing your car. Your car can either be used as a program vehicle or sold at an auction with the proceeds going to the charity program.

After you donate a car to charity, the organization will determine if your vehicle will be used as a program vehicle or be sold at an auction. Car donations are tax deductible. After a period of 30 days, you will receive a voucher that states the amount you can deduct.

The cars will be in the recipient’s name. Charities often require the recipient to maintain insurance for the vehicle. They also have contractual obligations where in the recipient should be employed within a certain period from the time they receive the vehicle. Recipients are also required to participate in case studies.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.