About Vehicle Donations to Charities
Donating your vehicle to a charity benefits both you and your chosen charity. If you aren't sure where to begin, read on for resources and quick tips on donate your vehicle.
Who You Can Help
Many national charities accept vehicle donations, including the American Lung Association, Easter Seals and The American Diabetes Foundation.
Tax Deduction
When you claim a vehicle donation on your taxes, you can claim the fair market value up to $500 as a deduction. Make sure to keep all paperwork, including invoices and receipts.
Types of Vehicles
Although the most popular thing to donate is a car, you can also donate recreational vehicles (RVs) as well as ATVs, snowmobiles and even boats, if the charity needs it.
Costs
There are several costs associated with donating a vehicle, including the cost to tow a vehicle to the charity and the fee associated with changing the name on the title of the car. Many charities will pay these costs for you, but call ahead to make sure.
Warning
There have been many instances of fraud in the past regarding charitable donations, and it is important to demand paperwork proving the charity's status before handing over the keys to ensure you are not just giving your vehicle to a "chop shop" in disguise.
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