Thursday, May 30, 2013

car donate

Car donation                                                                                                                                           is the practice of giving away no-longer-wanted  car or other vehicles to  organization . In the United States, these donations can provide  tax benefit and have become very popular.
Many charities run donation programs. All of them accept car donations, such as Goodwill, Salvation army and even the American cancer society. Many charities will use your car donation directly to transport volunteers and supplies to areas that need help. Some even have their own car lots which sell the donated cars but many have their donations processed through auto auction companies. Many processing companies also collect and sell donated cars and distribute the money to a charity the donor indicates. The processing company typically takes a percentage of the sale value of the car, but these programs allow charities without their own facilities or staff dedicated to fund raising to benefit from vehicle donation programs.
Ideally, donors should also investigate how much money from the sale of the car goes to the auction processor and how much actually benefits the charity's programs, as opposed to its administrative overhead.