Thursday, July 31, 2008

What To Look For In Car Donation Centers

By Ray Lam


Car donation involves collecting old cars from donors and donating them to charity institutions that need donations. Car donation companies are basically intermediaries or links between the donors and the people who are ultimately benefited due to these donations. They help in funding public charities. Certain companies help even those organizations, which do not have their own charity programs.

The first thing to look at is whether or not the car donation center is registered with the IRS. It is then and only then that you would be able to claim a tax deduction for the donation of your car. Another important thing to look at is whether or not they will provide you with an unbiased advice. This would spare you the unpleasant surprise of not being able to deduct anything from your tax returns.

You should check the list of charitable institutions carried by the car donation services company. You may already have a beneficiary in mind and all you need is to check whether it is on their list. You should also want to check whether the beneficiary charities are recognized by and registered with the local or federal government.

You should also pay attention to the services offered by the car donation services company. What is the extent of assistance they are able to provide to you? Some companies take care even of handling the repairs of your car so that it will command a higher value when it is sold. Some companies include processing of your IRS requirements. Consider what feature of the service is important to you, and see which company you can get most value out of.

Car donation companies assist the donors with all the paper work involved in the donation. Donation of an old undrivable car is a hassle free solution to get rid of the car and at the same time do some good by helping someone.

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