Think About Donating Your Car To A Veteran’s Charity

Buying a new car can be really exciting, even if you have bought several new cars before. When you buy your new car, you have to figure out something to do with your old car. There are a number of things that you can do with it. One of them is to use it as a trade-in so that you can get a better deal on your new car. You could also sell it for money in your pocket. Or, and this is one that most people don't realize, you could donate your car to a veteran's charity. 

Tax Breaks

One reason to choose to donate your old car, or any other unwanted vehicle, to one of these charities, is that you are going to be able to claim a tax deduction when you do donate. You will; need to have a receipt showing how much your car is worth from the charity. It will have to be on official documentation from the charity. Make sure that you check into the laws surrounding claiming a charity donation like a car on your taxes. You don't want to claim more than you are allowed because you could end up being audited or having to pay the money back. 

Gain Space

If you have limited space and extra vehicles that you don't drive, donating them to a charity is going to be a win-win for you. You are going to get your tax break, you are going to get to do something that will help other people, and you are going to get some space back at your house or in your garage. Of course, that can let you collect more cars in the long run, but at least you will have the space in order to do it. 

Single Call

If you decide that you want to donate your car to a veteran's charity, all you have to do is make a single call to the charity. They will do all the rest of the stuff that needs to be done. That includes coming out to your house, towing the car, and giving you the receipt. It doesn't even matter if you don't have one of the charity's offices in your town, they can work around that to get the car. 

Donating a car to a veteran's charity can do a lot of good. The car doesn't even have to be running in order to help the organization. They can sell it off for parts, for scrap, or get it running and sell it that way.