Do you want to set yourself up for a great tax deduction next year? If so, donating to Kidney Cars might be right up your alley. Why Donate to Kidney Ca...
Have you ever considered donating your unwanted car to a good cause? Perhaps it's time to free up space in your driveway, or maybe you've recently upgraded to a newer vehicle. Donating your used car to a charity is not only a generous act but also a fantastic way to make a positive impact on those in need.
Despite the countless benefits of car donation, the internet is rife with myths that might leave you feeling skeptical. In this article, we aim to dispel these myths and provide you with the facts you need to make an informed decision.
Myth #1: Car donations are a scam
Fact: Charitable car donations are legit.
While it's true that dishonest individuals exist in every industry, it's important to know that donating your car to a reputable charity is a genuine and effective way to support a worthy cause. Case in point, the National Kidney Foundation (NKF) has been running Kidney Cars for over three decades with all the proceeds going towards our mission to save lives.
Myth #2: Donating a Car is difficult and time-consuming
Fact: The Process of donating a car is quick and easy.
The process of donating your car is surprisingly swift and hassle-free. Once you provide the necessary information, your vehicle can usually be picked up within 24 hours.
Donating through Kidney Cars is as easy as 1-2-3:
- Give us a call at 800-488-CARS (2277) or fill out our convenient online form.
- Schedule a pickup time that suits your schedule, and your vehicle will be professionally towed for free.
- You'll receive proof of donation for tax purposes, and your contribution will make a meaningful difference in the lives of those affected by kidney disease.
Myth #3: Only Working Vehicles Can Be Donated
Fact: We Accept Vehicles Running or Not for Car Donation.
Don't let misconceptions hold you back. Kidney Cars accepts almost any type of vehicle, whether it's in working condition or not. Cars, motorcycles, trucks, vans, SUVs, ATVs, trailers, boats—you name it, we likely accept it. Regardless of whether your vehicle runs or not, we can arrange a pickup from most locations across the United States.
Myth #4: You Need A Lot Of Paperwork for Car Donation
Fact: Paperwork Needed for Donating a Car is Minimal.
While paperwork requirements can vary by state, in most cases, all you need is the car's title. If you don't have the title, don't worry; you can contact your local DMV to obtain one. Typically, you'll need the car's VIN number and possibly the title number from the registration card. If you encounter any challenges, our experts are here to assist you in obtaining the necessary documents. If your car was under a loan that's now paid off, ensure it's released from the lien holder.
Myth #5: There is No Financial Gain to Donating a Car
Fact: Car Donation Has Many Financial Benefits.
Recent changes in tax regulations have created some misconceptions about the financial benefits of donating a car to charity. To qualify for a tax deduction, the vehicle must be donated to a tax-exempt organization under IRS section 501(c)(3), eligible to receive tax-deductible donations.
Rest assured, Kidney Cars is a 501(c)(3) charity, making your donation tax-deductible. The new laws now tie the deduction amount directly to the vehicle's selling price. If a car sells for less than $500, you can claim up to $500 as the fair market value. If it sells for more, you can claim the precise selling price. Donating your vehicle can also eliminate costly expenses like repairs, registration, selling fees, insurance, and towing.
Myth #6: Car Donation Doesn’t Truly Help Much
Fact: Your Vehicle Donation Makes a Difference.
When you choose to donate your unwanted car to Kidney Cars, you're directly contributing to the National Kidney Foundation's mission to provide lifesaving services to kidney patients. Your old car can create a tangible change in the life of someone in need.
Ready to make a lasting impact? Call us today and help improve lives by donating your vehicle. It won't cost you a thing—simply call us at 800-488-CARS (2277) or complete our user-friendly online form. Your contribution can make a world of difference for those affected by kidney disease.
Owning a car is a privilege and necessity in modern life. We all enjoy the independence that driving ourselves to where we want to go brings us. It’s great to ...