What Will You Need to Donate Your Vehicle
If you’re thinking about donating your car or truck to charity, you’ve made a wise choice. If you have never been through the process before, there are things you need to know. Donating your vehicle can be a very complicated task if you don’t know what you are doing, but with the right advice you should find it very easy. Here are some tips to help you on the way. Firstly, you should check that you have all the necessary paperwork for the car – especially the title. If the car hasn’t been driven in a while, this may prove to be a problem if you can’t find the title. The car title is the single most important document that you will need to donate your car and you wil not be able to proceed any further without it.If for some reason you don’t have the title for the car, you will need to check with your state’s Bureau of Motor Vehicles to find out how you can get another title issued for your vehicle. You’ll have to show proof of ownership. With a little work, you should receive a new title for the vehicle within a matter of weeks.Once you have the title, the next thing you need is the value of the vehicle. You should use an accepted system of valuation like the Kelley Blue Book. If you are unable to get hold of a Kelly Blue Book, you could try the website (www.kbb.com). This will help you ascertain the market value of your car.If you want to claim a tax break in return for donating your car, you should be aware that the rules have been altered. Determining an accurate price is important because you can only claim the amount that the charity receives for the sale of the car. You will have to wait untill they have sold your vehicle to know exactly how much you can claim. They will give you all the information you need at this point.
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