Friday, January 2, 2015

Donate a car with Car Donation Wizard

We proudly work with some of the most respected charity and nonprofit organizations in the world. We work hard to ensure that the maximum funds are raised from your vehicle donation, so that your contribution makes the most impact for your charity. Keep in mind, as an added benefit to you, your contribution may be eligible for a charitable tax deduction!
Donate a car

Types of Vehicle Donations Accepted:
We accept most cars, trucks, boats and personal watercraft, RVs and motorhomes, trailers, motorcycles, off-road vehicles and more!
Simply select the charity of your choice below to learn more about that program's purpose or to start your car donation now! To begin the process of donating a car, simply fill out our fast, easy vehicle donation form online or over the phone with one of our expert customer service staff members.

What makes us different?
In supporting only nonprofit organizations that use the proceeds of your vehicle donation to make the biggest difference in someone's life, Car Donation Wizard ensures that every dollar raised goes towards its intended cause. Keep in mind that while there are hundreds of thousands of organizations that accept car donations, there are none that return between 75 and 80% of the gross dollar from each car donation back to the charity like we do. Don't be fooled by organizations that return 50-70% of the net proceeds, trust only the best car donation program! Still looking for more information? Visit our donation tips, FAQ, or about us pages, or reach out to us by phone at (877) 957-2277 if you have questions about charity funding or returns.

Don't just make a donation; make a difference.
We take all types of vehicles, running, non-running, classics, lightly used and even the end of life vehicles. Did you know that automobile is the most heavily recycled consumer product? We work with a comprehensive network of nationwide, professional vehicle recyclers that can responsibly recycle your vehicle. Help turn your end of life vehicle donation into re-usable steel. For more information on recycling your car, visit our environment page. https://www.cardonationwizard.com/

Wednesday, December 31, 2014

Car Donation

A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause. A donation may take various forms, including cash offering, services, new or used goods including clothing, toys, food, and vehicles. It also may consist of emergency, relief or humanitarian aid items, development aid support, and can also relate to medical care needs as i.e. blood or organs for transplant. Charitable gifts of goods or services are also called gifts in kind... https://en.wikipedia.org/wiki/Donation

After you have selected a charity use our Car Donation Form to submit your car donation application or call us toll-free at (866) 392-4483. We work with our public radio colleagues at Car Talk Vehicle Donation Services, to ensure that yourcar donation donation delivers the highest possible donation to MPR and that your experience is convenient, efficient and even fun. For example, it recently took a donor’s 1972 Porsche 911 to a premium car auction, where it netted five figures for a public radio station.
Car Donation

You do not need to be present when your car is picked up. In many states you can still donate your car to charity even if you lost your title. Beware that the donor’s tax deductions for car donations may be limited to the price at which the charity sold the car.

Listed below are tips for donors who would like to donate a car to charity. The driver will leave you a tow receipt showing that he/she collected the vehicle on behalf of Colorado Public Radio via Vehicles for Charity. The maximum amount you can deduct is the fair market value of your car.

Your vehicle can be scheduled for pick up within 24-48 hours after your title has been received by our vehicle donation processing center. Besides giving your car directly to a charity, there is another way your vehicle can help a charity and also maximize your tax benefits: You can sell the vehicle yourself and donate the proceeds. When you donate a car to Charity Cars, running or not, 100% of your donation goes to our charity and helps us provide the gift of transportation to a family in need.

In order to complete the following, you must have your original car title and, if applicable, lien release. Car Talk Vehicle Donation Services provides a service and mechanism to all Public Radio and TV stations to allow them to solicit and accept donations of vehicles from their supporters. Otherwise, you can only deduct the amount that the charity sells the car for at auction as indicated on the written receipt the charity sends you.
Car Donation
Car Donation

If you want to claim fair market value for your car donation to reduce your federal income taxes, you must itemize deductions. We will also need some information about where the car is located and the condition of the car. Your vehicle will be either sold at auction or sent to an auto recycler and a portion of the proceeds of the sale will come to Colorado Public Radio.

At Car Donation Wizard we bring donors and charities together. Donate a Car makes donating a vehicle simple for both you, and the charity you love. It is easy to donate a car to charity, but if you want to have some financial benefits from donating car then you must meet certain conditions.

Charitable car donations also help provide job training in car repair for participants in our recovery program. Car donation through this charitable organization does not directly benefit the animals because of the cars themselves.
More:http://www.about-car.info/car-donation/

Tuesday, December 30, 2014

Tips for Donating a Car to Charity

A charity that uses a donated vehicle for transportation or hauling goods obviously benefits directly from such a donation. However, in many cases donated cars will be sold en masse, either by the charity itself or by a dealer to raise funds for the charity. In the case of a dealer, the charity generally receives a flat fee per car, sometimes as little as $45 per car.
Car donations

Listed below are tips for donors who would like to donate a car to charity. Beware that the donor's tax deductions for car donations may be limited to the price at which the charity sold the car.

To receive the maximum tax deduction on your car donation, and to receive the satisfaction that the full value of the car benefits a charitable purpose, give it to a charity that will use the vehicle in its operations or will give it to a person in need. Otherwise, your tax deduction will not be based on the fair market value, but will be limited to the amount of money the charity receives from the sale of your car. If the charity you are donating to does sell the vehicle, ask what percentage of the proceeds they receive. See Car Donations: Taking Taxpayers for a Ride for more.

Car donations
Ask if the charity accepts car donations directly, without involving a third party. If possible, drive the vehicle to the charity instead of using a towing or pickup service. This will allow the charity to keep the full amount of any proceeds from selling the car.

Make sure the charity is eligible to receive tax deductible contributions. Ask for a copy for your records of the organization’s IRS letter of determination which verifies its tax exempt status.

Be sure that you get a receipt from the charity for your car donation.

Be aware that non-cash donations are one of the most common triggers to an audit by the IRS, so you’ll want to document the value of the car and keep records of it.

If the car is worth more than $500, the donor must complete Section A of IRS Form 8283 and attach it to their tax return. Donors are required to file with his/her tax return a written acknowledgement from the charity. If the charity sells the car, the charity must provide the donor with a certification that the car was sold at "arms length" between unrelated parties and the sale price of the car within 30 days. In this case, the donor's tax deductions will be limited to the total amount the charity sold the car for. If the charity does not sell the car, it must provide the donor with a receipt within 30 days of the contribution. The charity may also be required to provide certification to the donor stating how it plans to use or improve the car and stating that it promises not to sell or transfer the car. Penalties are imposed on charities that provide fraudulent acknowledgements to donors.

Car donations
If the car is worth $5,000 or more, an independent appraisal is necessary. The donor must also fill out Section B of IRS Form 8283. For cars worth less than $5,000, use the Kelley Blue Book, the Hearst Black Book, or a guide from the National Auto Dealers Association (NADA) to determine the market value. Make sure you use the correct figure for the date, mileage, and condition of your car. Picking the highest figure for your car model and year without taking into account other factors may not pass muster with the IRS.

Take pictures of the car and save receipts for new tires or other upgrades to verify its value.

Remember, it is the donor, not the charity, who is obligated to value the car and who will pay the penalties if an IRS challenge finds your figure inaccurate.

More: https://www.charitywatch.org/charitywatch-articles/tips-for-donating-a-car-to-charity/42