If you are intending to donate your vehicle or other automobile to a charity, then you definitely should become aware of the possibility for rip-offs and frauds with car donation locations. Although it’s really a common process for reliable nonprofit organizations to make use of vehicle donation services to handle the collection and resale of the contributed cars, the IRS cautions that you ought to ask lots of inquiries before donating your car.
Ideas for Preventing Car Donation Scams
* Guarantee the charity you’re donating to is a certified charity that’s a true non-profit institution which makes you qualified for a non-profit share tax break.
* In case you are worried about a charity’s not being reliable or not making use of the cash from the car donation smartly, take a look at the charity’s subscription and financial paperwork on record, normally with the State Attorney General’s Office. One can learn the paperwork to determine how old the charity is and find out the number of earnings that goes straight to its non-profit functions versus the earnings used for operating the charity.
* If you’re handling a car donation center instead of the charity alone, inquire what it offers to do with the vehicle you’re giving; will it be utilized by the charity or offered to the needy, fixed up considerably, or sold? Ask the charity what amount of the income for the car goes to the charity, instead of the support that sets up the charity.
* Although typical for charities to contract having a car donation plan to operate this system for all its vehicle donations, remember that} some charities let car donation providers use their names in return for getting money. This may not necessarily help the charity in any important way.
* When seeing the advertisements for car donation centers, be skeptical of any claims of exaggeration or excessively high promises that make it seem as though you will always get reasonable market price for your car regardless of what a junker it is. It’s not real.
* Be sure you officially move the title of your automobile with the proper state authorities. If the title is not correctly transferred, you may find yourself responsible for expenses charged like towing and storage fees. Depending where you are, you might need a record of sale also signing over the title if you don’t move the title personally.
* For anyone who is worried about the firm or the car donation program, or believe that you’ve been fooled, communicate with your State Attorney General’s Office and speak with the official who deals with charities.
Learn more about helping others via car donation then check out Cars4Causes, a leading and legit non profit organization and learn how to donate car and help peoples causes.