Donating your car is a way to get rid of your old car and support your favorite Bay Area charity at the same time. With the help of car donation Bay Area companies, people can donate their old cars to various nonprofit organizations. There are several benefits to donating cars.
If you have car, which does not provide proper service and has become an eyesore for you, then contact a company handling car donations in Bay Area. Your old car also occupies space that can be utilized for other purposes. So, one thing you can do is to donate the car to a charity of your choice. The best thing about these services is that you do not have to worry about the related documentation and registration processes. When it comes to car donation, Bay Area services will handle everything from beginning to the end; making the whole process far easier for you.
According to the IRS, if you donate a car, then you may be eligible for a deduction of $500, or more, on taxes. Also, if the charity you support sells your car for more than $500, they need to send to you a 1098-C and file one with IRS. People who are emotionally attached to their cars sometimes wish to know what happens to it after they have donated it can be happy knowing they are helping others.
What an organization will do with a donated car will depend on the specific needs of that organization. Some of them send cars for repair and then put them up for sale on the market. If you are planning on car donation, the Bay Area has several companies engaged in this work. By donating your car, you can help out less fortunate individuals as well as get tax benefits. What can be more rewarding than knowing you are helping others?