Doing Good: Donating Your Car

2007-03-08 10:33:40

( Charity )



Donating your car to charity will mean less global warming, more exercise for you, more comfort for a family who really needs it and not to mention lower taxes! Whatever your priorities may be, consider donating your car to charity.

Less Pollution
Unless you are thinking of buying an electronic car – donating your car to charity will significantly lower your contribution to global warming. Just make sure that the organization that you will donate your car to shall maintain it well and maximize its use through carpooling so that many people can benefit at the same time and at lower cost.

More Exercise
Donating your car to charity means subjecting yourself to daily exercise. If you are not planning to buy a new car anytime soon, the best mode of transport is either hike or bike. Walking, rather than driving the short distance between your home and that small convenience store can be good for your heart!

Sharing your Blessings
Probably the best thing about donating your car to charity is the opportunity of making quite a number of people happy. Your car most likely serviced only one person while you still owned it. Donating it will mean that it will be useful to many other people. Most likely, your car will be used in transporting donated goods from one place to another, shared by families from a shelter, or used to take orphans around the town.

Your Bonus: That Tax Break
If protecting the environment, having a healthier body, and making people happy is not enough, donating your car to charity may just be able to save you some money! When you donate your car to a credible charity, this means a tax deduction equivalent to the present value of your vehicle. However, there is some risk in donating your car to charity simply for the tax break – because there are some fine prints that you still have to consider. Depreciation costs may be computed and your tax deductions may be lower than that of the value of the car that you donated.

With these several advantages or benefits you can get from donating your car to charity, it is definitely an option that you would like to consider. Whether you are a clean air advocate, a health buff, a philanthropist – or simply on a tight budget, donating your car will do you and the people around you a lot of good.


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