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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.

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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.

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You can donate trucks, motorcycles, RVs, old cars, junk cars, even cars that have been in accidents. Before determining where to give your car, you need to understand the process first. The first step is calling the donation center. Here you will give the basic information about your car and they will give you an idea if your vehicle is donation worthy or not.

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Donating the junk car to charity organizations, on the other hand, is another story. One can get rid of the junk car way faster, but without the profit. Those who can forego profiteering and are simply after the proper disposal of their crippled rides may find donating more convenient. In such case, it is imperative to know where to donate junk car. There are several groups and organizations that would be more than happy to accept donated cars, either for recycling or restoration.

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The most important thing about tax write offs is to make sure the proper paperwork is done. Once you donate the car you need a receipt. Without this receipt you won't qualify for tax deduction. When you donate a car, the car is inspected to estimate its sale value. There is an exception to dramatically increase the amount of tax write off. It's how the charity uses your donated car. If it happens that your car is used for "significant" tax-approved work for the charity, then you can claim the full market value of the car proceeds. Scams on car donation have been known to exist. Take the time to check out the palce you are planning on making such a substantial donation.

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Many children do not get proper education and healthy food due financial constraints and lack of required support from charities that they are depending upon. Car donation concept can be the main source for generating funds for such needy children. Unfortunately, the number of car donations is decreasing more and more every year. People today have more beneficial options for their old cars.

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