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Are Car Donation Places A Good Route To Go?

18 Sep

I’m California resident that would like to get the most of his vehicle.

 

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  1. theevilf

    September 18, 2009 at 7:01 am

    A Childrens Hospital would be your best bet!

     
  2. ~♥LadyLi

    September 18, 2009 at 7:11 am

    Financially, the donation is not as good a deal as it has been in years past. The IRS has tightened their rules on tax deductions for donations, so you won’t get as big a deduction as you might have two years ago. That said, it is still a way to help your favorite charity. However, I would likely sell the car myself and donate the proceeds, which are 100% tax deductible, and no third party gets a cut.

     
  3. dsp8

    September 18, 2009 at 7:29 am

    If you dont have negative equity perhaps but you will not see a dime and only get money off your taxes for the next yr. They will send you a reciept of what they actually sell it for not what the blue book is. Sell it to carmax and get a check, if you really want to donate just write the check over to the charity.