Tips To Help You Identify The Best Place To Donate A Car
Donating a car to charity is a great option instead of getting rid of it. It is the most recommended option instead of selling it by yourself. However, before you embark on this road make sure you follow all the necessary procedures. There are plenty of charities and you need to identify one that is most suitable for you situation. This article provides you with important information that will help you identify the best Wisconsin car donations.
It is vital for you to be aware of the IRS guidelines that govern charitable donations or . Have a look at the IRS website to know what limitations they offer on contribution deductions. It will be easy for you to know the market value of the car. If you tax matters are complex, seek the services of a financial advisor to get professional advice. Consider identifying a legit charity. Consider looking for one with a good history. Give consideration to those who have the information on IRS or national charity database to be sure that they are legit.
It is best for you to note that car donations charities are not created equal. It is for this reason that you have to look at their records of spending for you to be certain that they will use your donation well. It will be easy for you to make the right choice by looking at sites that show the reputation of different charities. Get recommendations from friends who have previously donated their vehicles to charity. It will be easy for you to make a decision based on the experiences they share with you. Go for a charity that has been in existence for a considerable time. You will have comfort to know that they are genuine given their past history. Consider reading reviews left by previous donors for you to confirm if they use the donations effectively.
In addition, the charity you select needs to accept the donations directly without the use of any third party.
Consider driving the vehicle to the charity organisation instead of hiring towing services to ensure the retain all the amount they receive from the proceeds. You can request them to share with you contact information of previous car donors and get in touch with several of them. They will share with you their reputation and if there is transparent processes. References will help you make an informed decision because you will get details that you would otherwise not find on their website.
Also, ensure that you transfer the title accurately after the donation process is complete. Failure to do the transfer process means that the next owner will not be held liable for any accidents or crime but you. A reputable charity will provide paperwork for you to fill out this information. Scan copies for safe keeping.