Car Donation

Are You Eligible for a Tax Deduction for Donating a Car?

0 Comments

If you’ve donated your old car to a nonprofit organization, you should be eligible for a tax deduction for donating a car.
You do need to make sure the organization gives you a certificate to file with your taxes to show the value of the deduction and the amount your taxes will be reduced. Once you donate your car, do you know what happens to it?

Answering the Question

Most of the time, when you want to be eligible for a tax deduction for donating a car, the organization you donate to offers you only the value of the metal and recyclable materials of the car as the value of your donation. This means they are only going to use the car to be scrapped and the value of the metal with no regard for what this car could be.

A Tough Process

Donating a car is a big step and can be difficult for you. It’s important that you have the title and proof of ownership with you when you make the donation. Some organizations require that you handle the title paperwork to have the transfer of the title from your ownership to the organization, which can be a daunting process. This might make it hard for you to make the donation you want to.

The Right Alternative

If you want to receive a tax deduction for donating a car and you want an easy process that offers you the greatest value for the vehicle, you need to donate your car to the Newgate School. This school is a special place and they will make use of your old car for more than just the scrap metal value that it brings. Its time for you to learn more about this school.

The Process is Easier

Bring your title and your vehicle to the team at the Newgate School and you can make the donation right away. This school has its own title experts on staff and will make it extremely easy for you to donate your car and receive the tax deduction certificate that you need to file with your taxes next year. This easy process will allow you to feel great about donating your car to this school.

Your Car Means More at Newgate

All cars that are donated to the Newgate School are used in some way. Rather than scrap these cars, this school breathes new life into them and allows the students to use the cars during the learning process offered at the school. Let’s take a look at the three different ways your old car can be enjoyed. You’ll receive a tax deduction for donating a car, but your car can mean more with this school.

An Educational Tool

The most common way that an old car is used at the Newgate School is as an educational tool. Even cars that don’t run can be used to educate the students and allow them to learn how to make cars operate once again or learn what to tell others about how to avoid issues when driving. The Newgate School is made to educate the next generation of automotive technicians to be able to offer services for the vehicles we drive and enjoy every day.

A Special Type of Education

The Newgate School is a special place for you to receive a tax deduction for donating a car. Every student at this school is able to attend the school free of charge. These students come from low-income homes and need the education offered at Newgate to receive an education and have the hope of a future in the automotive world.

Some Cars are Sold

You receive a tax deduction for donating a car to the Newgate School and this school and turn your car into something that will be driven by a new owner. Some cars are able to be fixed up with only a little maintenance and then sold. The sales of these cars make it possible for the school to offer free tuition for all students.

Your Old Car is Fixed Up and Sold

The students and instructors of the Newgate School can take your old car and perform the repairs and maintenance needed to make sure it will be a reliable car for the next owner to drive. You get to have a reduced tax bill and the new owner will have a car that works great that they can enjoy driving for several years. The school receives the money for the car, making this a win all the way around.

Some Cars are Donated Again

There is a program that will allow single mothers to have a car to drive and that car could be the one you donate to the Newgate School. You get to enjoy a tax deduction for donating a car and the car you give to the school can be donated to the Wheels for Women program. This program brings a car to a single mother without a car that will make sure they can have the drive they need every day.

Newgate Makes Your Car Right

Low-income single mothers need a bit of help to make sure they can get to work, get kids to the doctor, and enjoy taking the kids to school. The team at the Newgate School will fix up your old car and then donate it to the Wheels for Women program to make sure these women have cars to drive. You might see your old car driving around town with a new, happy family inside.

Make the Right Donation Today

Instead of donating your old car to a place that’s only going to turn it into scrap metal while making you jump through hoops, take it to the Newgate School. This team will make good use of your old car and will make it easy for you to receive the greatest tax deduction for donating a car. Bring your car to the Newgate School today.

This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.

Related Posts