The Facts About Donating Your Car

Donating Your Car to a national charity is a great option versus selling it for sometimes, very little cash.
Many organizations will take an old, running or even a non-running vehicle. You may not always get cash, but a tax deduction for your end of year taxes can sometimes be as good or better!
The Pros
Donating your old klunker can help a great charity and those they serve. Choose a cause close to your heart. These donated vehicles cars go to help charities generate funds to run their organizations and support their mission.
The tax deduction you receive in the end may be more valuable
than if you had sold or traded your vehicle in.
The Cons
Not every charity runs in the most financially efficient way. Many organizations only spend a small percentage towards their charitable work and many donated funds get eaten up by administrative costs.
Make sure the charity you pick is on the up and up and has a solid track record of charitable work.
In the end, whether you sell or donate your old klunker is entirely up to you. If you want to sell your junk car then by all means its up to you. Whether you get much needed cash or a valuable end of year write-off is a personal choice. But if you do go the donation route, know that one lucky charity and the mission they serve will bring a warm feeling for both you and the receivers at the other end of that charity.

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