If you have an old car and you aren’t sure what to do with it, you may want to consider donating your vehicle to a local charity. Donating a car in College Park, MD, is one of many ways you can give back to your local community. Continue reading to learn more about the benefits of car donation today.
The Basics
To donate a car in Maryland, you will need to meet some basic requirements, such as having a vehicle that is still drivable. Even if you plan to donate a vehicle to a vocational school, it’s still important that the vehicle is in drivable condition.
Additionally, according to Maryland law, you’re only allowed to donate a vehicle to a licensed wholesale dealer. You can find charities that are regulated by the Motor Vehicle Administration online. Some examples of charities accepting donated cars include The Maryland School for the Blind and the Lutheran Mission Society of Maryland.
Why Should You Donate a Car in College Park, MD?
There are several reasons you may want to donate a car. For example, many charities will offer a free towing or pickup service, which can make donating vehicles more convenient for those who have busy schedules or cannot arrange a time to sell vehicles on their own. Other reasons to donate a vehicle include:
Help Those in Need
The simple desire to help those in need is enough reason to donate your old car. When you provide a vehicle to a charity, you can be confident that the charity will make good use of the vehicle, such as for meal delivery to elderly people, transporting people to doctors, or other charitable tasks.
Additionally, if you donate a vehicle to a technical school or a vocational school, the vehicle will be used to train mechanics and engineers, which gives back to your community on the local level.
Get a Tax Write-Off
Many people also choose to donate a vehicle to charity for a tax write-off. Donating a vehicle that is valued at over $500 will qualify for a general tax write-off as long as you have a written notice from the charity, such as a tax receipt or certificate. When you want to get a tax write-off for donating a vehicle to charity, you’ll need to have an independent appraisal receipt, a charity certification, and IRS form 8283.
Get Rid of Titleless Car
It sometimes happens that you can’t find the title for your current car. This could be a problem if your original plan was to trade in or sell your old vehicle since you can’t sell a car that doesn’t have a title. However, many charities will accept cars that don’t have titles as long as the vehicle is in good condition. Curious to know more about your car title and why it’s important? Click here to learn more!
If you want to get rid of your old car, but you don’t want to sell it, or your car doesn’t qualify for a trade-in deal at the dealership, donating your old car may be a good option. When it comes time to purchase a new vehicle after donating your old one, we have you covered at DARCARS Nissan of College Park. Click here to browse our new vehicle specials!
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