If you are thinking of contributing to a charitable cause, you may want to consider donating your classic car. There are many charitable organizations throughout the United States that accept donations of all kinds of vehicles, whether they are new, old, running, or broken. Here is a guide on how to donate a classic car:
• Find a charity that accepts classic car donations. Collectible with Causes and 20th Century Automotive Endowment Fund are two reputable organizations that accept donations from almost anywhere in the country, and they can pick up your car at no cost.
• Next, fill out the charity’s vehicle donation form. You can do this at the charity’s office or website. If you want to speed up the donation process, it is best that you submit the form electronically.
• Provide accurate information about your classic car. Typically, you will be required to submit information such as the make, model, year, condition, and mileage of your car.
• After receiving your donation application form, the charity will contact you to arrange a suitable date to pick up your classic car. Sign the title and prepare to hand the car over to the charity.
Donating your classic car will make you eligible for tax deduction. Use the tax information that is provided by your charity to itemize the donation on your tax return.