October 6, 2014

Why Donate Your Car to Charity?

A car is one of the most expensive investments you can make, but it’s also one of the most useful. However, there does come a time when your once-flashy vehicle will become a clunker, and you’ll have no choice but to get a new one.
So what do you do with your old vehicle? You could have it scrapped, but there is a better option: donate it to charity! Below are a few great reasons to do so:

You Can’t Afford Repairs
Many organizations accept cars of all conditions, even those that can no longer run. If you can’t afford to have your vehicle repaired but don’t want it sitting uselessly in your garage, just donate it to a worthwhile organization.
Make Space in Your Garage
If you want to unclutter your life, you might want to begin by donating that old, unused vehicle in your garage. You’ll feel better not just because you have more space in your home, but also because you’ve helped someone in need.

Tax Deductions
Of course, you’ll also enjoy financial perks after donating a car. That’s because your donation can be counted as a write-off on your succeeding tax return. In some cases, your tax deduction might actually come out bigger than the money you would have gotten had you sold your vehicle.

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