Any kind of donation is always noble. Be it big or small, a donation always makes a difference to someone’s life. Nowadays people are so busy with their lives that they not able to make any kind of donations. So now an easier way of donation has been started i.e. to donate junk cars. Instead of selling your old rusty junk cars to the junk companies, you can always donate them.
For the people who donate their cars, the government gives them special tax deductions. You can always try and donate junk cars as it will help the charitable organisations to raise money for some noble cause, be it education or some disease.
They are several charitable organisations/ institutes that run solely on donations. If you have never been able to make a donation earlier in life, you can always do it with your old junk car.
These charitable organisations take the junk cars in any condition. It is always necessary that a junk car has to be very old, rusty with broken windows. It differs from owner to owner. For an owner, his car may become a junk car, when he wants to buy a new one. So a junk car can also be in working condition. Still the charity houses take cars in any condition. Even if it does not start, they will take it. Their main concern is the amount of money they will be able to raise from the car.
There is a generally a very small procedure to donate junk cars.
You will need the original papers of your car. You junk car will also have to be estimated which can be done an expert. The car is towed by the charity house only. The donor will not have to pay anything for it
The tax deductions for car donations depend on the estimate of the car or the amount the car is sold for by the charitable organisation for raising money. If the car is sold for less than 5000$, then the donor’s estimate is used. Else, if it sold for more than 5000$, then the organisation gives you an updated receipt which will be considered to the donor’s tax deduction.
If the condition of the car is good, it may be used by the charity itself.
A lot of people are opting for donating old junk cars for getting tax relief. Plus you get rid of your old junk car.