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The short answer is, it depends. The car donation industry is larger and more competitive than you may realize with some established charities receiving millions of dollars of revenue from charity car auctions every year.
Charities & The Second-Hand Car Business
Charities relying on funds from car donations are directly aligned with the used and second hand car business. As a business sector it doesn't have the cleanest track record or reputation and therefore, we strongly recommend you ask as many questions as possible before you part with your vehicle. Of course, if you are not concerned about claiming a tax deduction, then the most important decision is your preferred choice of charity or beneficial cause.
Look Out For Profit-Making Organizations
At the very least, you should be concerned about how much revenue your chosen charity will receive once your car is sold. You may not realize it, but many charities - particularly the smaller, local ones - are not directly responsible for running their own vehicle donation programs. Many have chosen to take advantage of legislation set out in IRS publication 4302 ("A Charity's Guide to Vehicle Donations") where a 'for-profit' agent is hired to operate the program under the charity's banner. Ultimately, the charity is responsible and accountable for the agent's activities.
As a car donor, however, you will not know exactly how much or what percentage of the final sale will be received by your charity. What is certain is that by donating your car to a charity that does operate its own donation scheme, most of the revenue from your car's sale will end up in its coffers.
My advice, therefore, is to ask as many questions as you feel are necessary and do not be afraid to turn your attentions elsewhere if you do not get the answers you require.
Making a car donation is a winning situation for both the donor and the charity for many years. The donor can be eligible for a tax deduction while avoiding the hassles of selling their old car and helping a good cause.
For example, cardonation4kids.org is a reliable service that has been handling car donations for the last decade. The towing service is free and they provide same day service.
There are also many other reliable organizations where you can make a car donation. All you have to do is a little research and search for the organization that meets your needs best.
A car donation helps an excellent cause, consider donating your vehicle today!
Best Car Donation [http://bestcardonationnyc.com/] is a non-profit organization that helps people donate their auto vehicles to charities.
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