Rather than selling your car, there are a few options. Many people decide to donate their car to selected charities. This is a very ethical alternative to simply dropping the "lemon" off at the junk yard.
As soon as you get your vehicle donated to a charitable organization, they will provide you with a receipt of the auto donation. This receipt is very useful for tax deduction purposes. Moreover, the organization will ensure that the vehicle is collected. These charities send in their volunteers for picking up the vehicle from wherever place you require. It is important that you are holding the title of the car at the time of donation. If this is not so, make sure you obtain a copy from the Department of Motor Vehicles.
You will love to donate your vehicle if you are a charitable person. If you like to do charity every now and then, this can be your best time. A donated car can prove to be one of the most generous charities ever made by you. Once you have donated it, you do not have to worry about its future. Who accept it as a charity; they have a good idea of what to do with these cars. It is also a very good way of tax deduction.
Many people who have junk or wrecked cars decide to donate it to charity because of the tax advantages and the ease. This article explains some of the benefits to donating your car versus selling it.
The best reason for you to donate your junk car is, it becomes a handy tax write off. You just need to obtain a receipt for it, to show that it went to a good cause, and your CPA will see that you get credit for it when tax season comes around.
You have to know where to donate your car because there are many car brokers out there and some are just looking to make a buck out of unsuspecting donors. A little research should be done on the organization that you are thinking of donating your car to.