3 Reasons To Consider Donating One Of Your Cars To A Good Cause
For many decades people have been finding creative ways to help people and organizations raise funds for a good cause. Although different organizations and charities have accepted car donations for many years for various fundraisers and events, this type of donation has become more popular in recent years as a fun, effective, and interesting way to promote charities. Here are the three best reasons you should consider donating a car this year:
Giving a Car Away Gives You Something Back
Most people like to give to a charity or organization they believe in because they want to contribute to a good cause. Many people are aware of the tax benefits of giving money to charities, but they may not be aware that giving a car away as a donation can also bring big tax benefits. In fact, if you donate to a registered charity or to schools or other eligible organizations, you can actually get a tax deduction equal to the value of the vehicle.
Giving a Car Away Can Help You Clear Up Space
Anyone who has one or two vehicles not being used sitting in a driveway, a storage unit, or in the yard will like having more space. If you have a vehicle that no longer works and you haven't wanted to pay to have it towed somewhere, many charities will pick the car up for you. A lot of organizations will even take vehicles that can only be sold for parts and scrap metal. This will allow you to clear up your yard and driveway without much hassle, and it will allow you to donate without paying for repairs or tow costs.
Giving a Car Gives Some Organizations Needed Options
While cash donations are great, some people can't afford to give as much cash as would come from a car, even one that is several years old. Aside from the option of getting more value from a car donation, some organizations use car donations to provide needed transportation to the people they help. Charities that help families that are living in poverty, for example, benefit greatly from getting cars that run well to give or loan to people who have no transportation. This is one of the reasons car donations are so valuable.
If you don't have cash to give to charity this year, give that old car away you aren't using anymore. It will give you needed tax relief, and you'll help an organization with a commodity they can sell or use to help people with transportation.