There are many different uses that your old vehicle could serve. At South Bend Junk Cars, we are more than happy to assist you in finding different ways to utilize your old vehicle. Many do not know that junk cars can be a great asset to those in need, not to mention providing a tax break for those who donate. There are many different uses for junk cars. Sometimes the cars can be repaired and given to parents in need, other times the parts will provide a valuable service to getting another vehicle back on the road. A car donation tax deduction can also help you with your own tax bill.
The process for donating a car is simple. Just pick a charity that you like and inform them that you wish to donate your car. Many charities will provide free towing to a car that is not running. The first step is to make sure that your car is totally clear of all personal belongings. Next, the tow truck will come at a scheduled time in order to get the car to the junk yard. Once the car and title are turned over to whoever is getting the car, you have done all you need to do.
Typically, you will receive a certificate of donation from the charity, as written proof that you have donated the car. This is the certificate that you will use towards your tax rebate. The size and utilization of the rebate depends on how your taxes are filed and what type of charity you donated to. Make sure to be familiar with the different kinds of donation exemptions to ensure that the tax rebate is relevant to how you file. This depends on your source of income and how you file your taxes.
This is a classic ‘win-win’ situation. You are able to get a tax rebate while helping someone else in need. These cars serve a great function to the people who receive them. They can often help out single parents who are out of work, while they look for a job. This, in addition to the money that you save on your tax bill, will go a long way in making the world a better place. The tax rebate that you receive is only part of the benefit of donating your car. You will be able to feel good knowing that you helped out someone else. South Bend Junk Cars are familiar with many of the charities in the area and can assist you in picking out the right one. If your car is still running, you can take it directly down to the shop and have it junked on the spot.
South Bend Junk Cars want the best for our customers at every single point of the donation process. We are able to assist in picking out the right charity and providing guidance for the entire donation process. Many can feel intimidated by donating a car, but the good feelings that come from helping others will more than make up for this. Come donate your car at South Bend Junk Cars today. We will make sure the entire process goes off without a hitch.