Steps You Should Not Avoid While Making Vehicle Donation

When you are making a vehicle donation, you need to be cognizant of a few simple steps

. Charity organizations have made the process of vehicle donation extremely easy. In fact, all you need to do when you want to make a vehicle donation is fill the online form available on the website of the charity and provide details of the vehicle you want to donate. Sometimes, you might miss a step or two during vehicle donation, which is why it is important to ensure you do everything step by step.

Sometimes, you might want to make a vehicle donation of a vehicle that is not in a drivable condition. To do so, you should explicitly request for free towing service while filling the form itself unless you can manage to get the vehicle delivered to the car donation center of the charity on your own. When you make vehicle donation, do not forget to check the interiors to see if you have cleared it of all your personal belongings. Moreover, for vehicle donation you need to have the certificate of title handy to transfer ownership of the car. If you have lost it, you need to inform the charity prior to making vehicle donation. The alternative documentation that might be useful to prove ownership is the registration or license plate information.

Before vehicle donation, it is a noble gesture if you can get it cleaned and repaired yourself to save costs for the charity. When you make vehicle donation, do not forget to take the written acknowledgement whose content varies based on whether the market price of the car is greater or less than $500. You need to preserve all the documentation related to vehicle donation and submit it at the time of claiming tax deductions for making vehicle donation. You should also be careful about the IRS forms that you have to submit for making vehicle donation. Do not forget to fill IRS form 8283 when you have made a vehicle donation of a vehicle which is worth more than $500. When you want to make a vehicle donation to a charity that will use the vehicle for its own purposes, do not forget to prepare your own detailed estimation of the fair market value of the car. For vehicle donation of a car which is very old and not worth repairing, do not forget to find a charity that can sell them off to junk or salvage dealers.

by: Amy Elder

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