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car donation

Car Donation 101: 8 Terms You Need to Know

Are you considering a car donation? Before you donate your car to a charitable organization, familiarize yourself with the basic terms to ensure everyone involved gets the best possible benefit from your donation. 501(c)(3) Organization There’s a big difference between calling an organization a charity and making it an official IRS 501(c)(3) tax-exempt organization. Second …

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taxes

Time for Taxes: Start Planning Your Vehicle Donation Now

There’s no question that the best reason to donate a car is the satisfaction of helping a charity that does work you believe in. Some charities sell donated cars and use the proceeds to fund programs. Others use them as transportation for their organization or give the car to an individual or family in need. Regardless …

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Car's Value

Don’t Do These Things If You Want to Retain Your Car’s Value

With the exception of purchasing a house, a car is usually the most expensive investment that you make. While no car will last forever, when properly taken care of, a car can last a long time and even serve multiple generations. Want to maintain your car’s value but aren’t sure how? Here are some quick …

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