You walk one day to your garage and see your old car in it. Then suddenly you thought to yourself that this car has been there for quite some time now, and you need to dispose of it already. Now you might be confused on how you would be able to get rid of that junk car, because there are quite a number of ways you can do so. So let us give you one way that would be simple and would actually benefit you. Why not just donate your car to charity?
Donating your car to charity is a great way to get a tax deduction, not to mention clearing up space in your yard or garage. It is a socially conscious and economically responsible way to get rid of that old junk car. Plus you get that good feeling within yourself that you helped somebody, for donating your car to charity.
When you do decide to donate your car, you need to remember that not all charities accept junk cars, but most of them do anyway. One way you can find out is by contacting different charitable organizations directly and ask them how you can donate your car. More often than not, they would arrange a pick-up service for your car so you wouldn’t have to deal with it.
Clean your car from inside-out before giving it to charity. Ready the title and registration papers of your car so you can hand it out when you donate your car. Before you go, ask the charity for the IRS form 8283 to write your car off as tax deduction. Always make sure that you get a receipt, or any form of documentation which you can use when you prepare for your taxes.
In the end of this ordeal, not only did you manage to get rid of your old car, but it has benefited you in a big way through tax deduction, and you end up helping your community as well.