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Ditching your old car? Why donating benefits you

| June 17, 2010 2:00 PM

When you buy a new car, you probably tend to trade your old one in for a reduced price on the new vehicle, or advertise it for sale yourself. But if you have a charity you like to support, you could always turn your car into a tax-deductible donation and feel better as you support a non profit organization.

Donating a car versus selling it or trading it in offers you many benefits, including:

1. It's quick and easy - You don't have to negotiate with dealers, juggle appointments with prospective buyers, pay for advertising or deal with the headaches of title transfers.

2. You get a tax deduction

3. You don't have to drive the car anywhere. A licensed, bonded and insured towing company will pick it up right from your driveway within 24 to 48 hours of you naming the charity you want it to benefit.

4. The charity you want to support receives money from the sale of your car, and you don't have to be involved in the sale. Car donations are a significant and vital source of fundraising revenue for many non profit organizations.

Visit Donateacar.com to learn more about the process of making a car donation. If you have a car, truck, motorcycle, boat or even a trailer you wish to donate, and the title and keys, you're in business. And if you don't already have a favorite charity, you can review more than 500 charities at www.donateacar.com/charities.php and find one you're interested in.

If you're a big supporter of organizations like the American Diabetes Association, SPCA, United Way, Cancer Research Institute, or even the American Red Cross, just to name a few of the national charities available, you can help them or local organizations in your neighborhood accomplish all the goals they set out to reach when you donate a car.

Courtesy of ARAcontent