What Will You Need to Donate Your Vehicle?

                                                                                         

If you have made the decision to donate your car or truck to charity, you've made a wise decision. If you’ve never donated a vehicle before, there are things you should know. Donating your vehicle to charity may seem like a complicated task, but if you know what you are doing it is actually very easy. Here is some advice on how to complete the process quickly.

Firstly, you should check that all of the necessary paperwork for your car is in order - especially the title. If the car hasn't been driven in a while, this might be a problem if you are unable to find the title. The car title is the single most important document that you will need to donate your car, so you must be certain that you know where it is.

If you don’t have the title for the vehicle for some reason, you will need to check with your state’s Bureau of Motor Vehicles to receive another title for your vehicle. You’ll most likely have to show proof of ownership. With a little work, you should receive a new title for your vehicle in a matter of weeks.

Once you have the title, you will need to know the value of your vehicle. For this you should use an accepted system of valuation like the Kelley Blue Book value. If you’re unsure of how to find the value of your car, Kelly Blue Book has a website (www.kbb.com). This will help you determine the market value of your car.

If you are planning on using the donation to claim a tax deduction, it is important to note that the laws have now changed. You’ll want to make sure that you check into things and don’t declare the wrong value of the car. You can only claim what Goodwill Industries is able to get when selling the car from your taxes. After the charity has sold your car they will forward the information to you. You will then be able to make your claim based on the exact amount they received.

About the author:
Looking to make a big positive impact on your local community? Consider vehicle donation as a means. The process of donating your vehicle is made easy when you follow the instructions at http://www.charitydispatch.com/goodwill_donation/

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