Thursday, August 30, 2012

Donating your car to charity

I had always believed that there are only two basic ways to sell a car: selling it myself or going to a dealer. Well there exists another solution: "used car donation service." Let us see why the last solution is most probably the best one. Donating your car to charity is perhaps one of the wisest decisions you can make if you want to dispose of an old property. It saves you a lot of the work and the worries of selling a property. This is especially so if you course your donation through a car donation services company. But how do you choose one? Here are a few things to consider before you lift your phone and dial that toll-free number.

Want to get rid of that old car? Donating it to charity is a fine choice. A charitable car donation doesn't mean you're giving something away for nothing. You could also benefit from such a choice, like receiving favorable tax deductions. If the charity sells the car, you receive its selling price as a tax write off. If it uses it, you get a tax write off equal to the fair market value of the car 

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