If you have a junk/scrap car in your backyard and you want to get rid of it, you can decide to donate it to charity. Your car may seem useless to you but be sure that there is someone somewhere who is in need of that great donation. Donating your old scrap car is the best way of getting rid of the great baggage on your shoulder. By donating your car, you save yourself from the daily hassle of selling your car in a junkyard. In addition to the great hassle and pain you encounter when selling your old car, the amount you are offered is by far low than what you have spent on the car. Donating your car to a charity home is the best way to go about disposing your junk car. By donating your car to charity, you do not only help to change someone’s life but also you benefit by qualifying for tax cut at the end of the year.
Procedures involved in car donation
Before transferring the ownership of your car to the charity home of your choice, there are a number of procedures involved:
Acquiring the correct car details/papers
This is the most crucial step in car donation as it is the determinant of the course that the donation will take. You should ensure that you are in possession of all the required papers to use in order to proof ownership. What’s more is that you will need the papers in order to be able to transact the ownership transfer procedures. You should also ensure that you are aware of the market value of your scrap car. This is very important as it helps in estimating the amount of tax reduction you are to get from the taxman. You should have your car evaluated professionally if incase you are not aware of the car’s value in the market. This makes it easy to claim a tax reduction from the taxman at the end of the year.
Choosing the ultimate charitable trust
This is an equally important step in car donation. You should take ample time while deciding on the best charitable to channel your donation through. The internet is quite resourceful in the search for the ultimate charitable trust. With the choice of the best charitable home you can be sure that your claims for tax deduction will be eased. The charitable trust should also be dependable in order to ascertain that your donation will go to the right organization.
Verify all paperwork
After finding the ultimate charity trust to channel your donation, you should verify that the ownership papers in your possession are valid. This helps in easing the donation procedure. In cases that you may not be in possession of the ownership papers, you should organize with the charity trust on how to acquire the paperwork from the correct authority. Car donation procedures are usually very fast especially where there are no issues with the ownership papers.
Car donation as a way to get rid off your junk car is highly advantageous as compared to other car removal services. In car donation, you are always sure that your donation does not only benefit you but also it benefits a needy person somewhere.