Ready to donate a car that does not run? Tired of looking at that old broken-down, non running vehicle taking up space in your driveway?
Consider selling that car that won’t start, to Cash Cars Buyer! We buy all makes and models, including those vehicles that don’t run.
What Does the IRS Say About Car Donations?
According to the IRS: “Donors may claim a deduction of the vehicle’s fair market value under the following circumstances:
- The charity makes a significant intervening use of the vehicle, such as using it to deliver meals on wheels.
- The charity makes a material improvement to the vehicle, i.e., major repairs that significantly increase its value and not mere painting or cleaning.
- The charity donates or sells the vehicle to a needy individual at a significantly below-market price, if the transfer furthers the charitable purpose of helping a poor person in need of a means of transportation.”
The IRS further states: “The Service has revised Form 1098-C, which is used to provide the written acknowledgment. Finally, Notice 2006-1 provides guidance on the new penalties imposed on donee organizations that provide a false or fraudulent acknowledgment of a vehicle donation, or fail to furnish the acknowledgment properly.”
Can You Donate A Car Without Tires?
Most places will accept a car without tires, while others will not. Based on a company’s policies, they may or may not take that car off of your hands, without the tires.
“So, what can I do with my car without tires?”
You can sell your car to Cash Cars Buyer! We buy all makes and models, including vehicles with no tires! Just click here to obtain your instant offer on your tireless car and then call us for the best offer possible!
“What do I do next?”
Next, you will call us so that we can ask you some questions about that rusted whip with no tires. Then we will formulate the best guaranteed offer possible!
“I like the offer you just gave me!”
Fantastic! Now, let’s set a day and time to come and get that totaled and mangled car with no tires, FAST! We will work around your schedule. Then, we will come appraise your car, ensure all is well and then pay you on the spot for that tireless car!
“What about towing?”
After we pay you, we will arrange for the towing! Forget paying for the hauling of your vehicle! We take care of it!
What Is the Best Organization To Donate A Car?
Cash Cars Buyer is a licensed, bonded and insured company, so that makes us the best place to accept the car you want to donate! While there are many benefits to donating a car, there are some downsides. Check out a few:
The documents & paperwork
With a car donation you’ll certainly get rid of that unwanted vehicle. But if you think it’s as easy as just dropping off the car and its keys, think again. When you donate a car, there is a vast amount of paperwork involved. And after signing so man documents, it can be tiresome, daunting and irritating. As the car owner, you are required to take responsibility for the transfer of the title. Additionally, you have to provide all of the precise as well as accurate information about the car.
Looking to donate your car and you lost the title? Well, it will be your responsibility to get a new title before you can donate that old vehicle. As the vehicle owner, it is your responsibility to complete all tax forms too. You will need information such as the fair market value of the vehicle. For lots of people, the number of documents that one needs to fill out for a car donation is too much of a hassle.
No cash payout
When you donate a car, you will take what is referred to as a “tax write off”. When you sell your car, you will gain money in the end. But with a donation, there is no money to pocket. Although you may benefit from the tax deduction; but that differs from getting cash in your hand. So, if you’re looking for quick cash, then your best bet is to sell your old, unwanted vehicle. You may want to call and discuss your options with a trusted tax professional or accountant to find out what works best for your situation.
Just as in selling a car, when you donate a vehicle, you have to watch out for the scams. When donating a car, you have to be careful. Lots of companies will call themselves “charities” Unfortunately, lots of criminals run these organized charity schemes and businesses that are nothing but organized crime hubs. They will work overtime to obtain free cars and then sell them as junk to scrap yards. The criminals running these “charities” will also take your car and then have it fixed up and then sell it as a used car. Other scam companies will only offer a small amount of the value of the car to charity. But somehow or some way they will ultimately make money, while leaving you holding the tax bundle.
And then when you attempt to deduct the fair market value or your donated car on your tax return, you will lose the tax deduction, and you may also face being audited. So, be careful when you choose to donate your car. Because, not all charitable organizations you’re considering are real and true charitable organizations.
Can You Donate A Damaged Car?
Although a car doesn’t have to be in great condition to donate it, most companies want cars that are running and are in fair condition. They want a car that needs minimal fixes, and can be driven.
If this is not your case, then selling your car may be your best. And who better to sell it to, than Cash Cars Buyer?! We buy cars that have:
- Frame damage
- Flood damage
- No keys with them
- Dents and dings all the way around them
- Vehicles that other companies will not touch!
So, obtain that instant offer on your damaged car NOW and know what your car is worth, FAST!
What Should I Do With My Old Car?
The question of what to do with your old car is one that has lots of answers. From donating it, to selling it online, you have a multitude of choices. But many of these options cost you time, money and energy. And then you end up frustrated, angry and confused. Sell your car to Cash Cars Buyer! While we offer fair market value for your car you never have to pay us anything to sell it! We take care of all aspects of your car sale, FAST!
Is Donating A Car to Charity Worth It?
For many car donors, the biggest deduction to claim is that of $500 — and this amount is only possibility if the car owner takes the time to itemize their deductions when tax time arrives. With all of the legwork, documents and the uncertainty of financial gain, some people find that donating an older car to charity just isn’t worth it.
But selling your car to Cash Cars Buyer is!
We pay fair market value for all cars and we take care of all processing of your sale as well as all other paperwork. When it’s all said and done, you’ll see cool cash in your hands! We make selling an older vehicle quick, fast and easy! So, click here and get an offer on your car now! Don’t you want to know what your car is worth? Sure, you do!
Sell Your Junk Car- It’s A Quick & Easy Process
Enter your car’s details
Take a moment of your time, to tell us all about your car. The more information you provide, the better and more precise your instant offer. Love what you see? It’s time to call us!
Accept your offer
With that instant offer you love, call us so that one of our friendly agents can ask you a series of questions, and then formulating a guaranteed cash offer on your junk car! Love what you just heard from our friendly agent? It’s time to pick up your clunker and pay you FAST!
Count on us to arrive to your location promptly and treat you with the dignity and respect you deserve We will waste no time appraising your car and then paying you fast! And forget paying us for the towing; that’s a charge you’ll never pay!
Before donating that old car, consider Cash Cars Buyer, the nation’s premier junk car buying company offering “FEE-FREE” services and fair market value on all makes and models!
Should I Donate My Car or Junk It?
When it comes to the question of donating your car or junking it, it boils down to personal choice. You may want to ask yourself the following questions:
- Do I want an immediate payout?
- Am I patient and thorough person when it comes to filling out paperwork?
- Will I be OK if I see no money from getting rid of this car, or do I want some cash fast?
While there are great benefits of donating a car, you can sell that car to Cash Cars Buyer!
- You can obtain an instant offer on your car in a matter of minutes!
- When you sell your car to us, we will make you a guaranteed offer on your car!
- Once you receive your offer, you are never under any obligation to accept the offer!
- We have over a decade of experience in buying junk cars, so we know what we’re doing!
- No title? No problem! In most cases, not having your car title is not an issue. We do ask that you have your ID as well as car registration for the sale of your vehicle.
- Once you sell your car to us, we take care of all paperwork, processing and towing!
- Did we mention that the TOWING IS FREE?