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Q: Should I give directly to a charity, or through a third-party fundraiser?
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Ask how your car donation will be used.
It's one of the car donation basics, and many people want to make sure that their car donation is being solicited or accepted by representatives of the charity itself, rather than by a private fundraiser acting on the charity's behalf. It's important to know what will happen to the vehicle when you pass it on to one of the car donation centers: will it be fixed up and given to a needy family, or will it be resold and the proceeds used to help a cause? If it is resold, what share of the proceeds will go to the charity? A donor can ensure the donation furthers the intended charitable purpose by obtaining acceptable responses to these questions. Donating cars to charity is a rewarding way to give, and good car donation charities will have answers to these questions.
It is always best to deal directly with a charity.
The rapid growth of car donation programs has taken place without donors always understanding what they must do to take full advantage of the deduction. This confusion has been heightened by claims of some of the private fundraisers who operate car donation programs on behalf of qualified charities. It is always best to deal directly with the charity itself, rather than a third-party, private middle-man. The charity will receive more money, and you can have increased confidence that the car donation will be properly used.
Q.
What if the car being donated is a collector`s item, rather than a standard vehicle ?, I have a collection and selling is such a hassle, I would rather donate this car instead, but the valuation would need to be fair market based on my investment in the vehicle.
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Q.
what percentage of a donated vehicle may I right off? does the tax bracket I fall in impact the amount of the right off?
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Q.
Am I liable for towing costs a collection agency is demanding after I donated a car to charity? The charity sold/disposed of the car, the buyer incurred the costs before my name cleared from DMV records. Receipts and letters from the charity (included the name of the new owner) have not persuaded the collection agency.
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Q.
where can i get a handicap place card for my car? it hangs in rear view mirror. thanks
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Q.
Does the vehicle need to pass a smog check in order to donate it?
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