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Make Sure Your Car Donation in New Jersey Goes The Right Way

Author: Peter Thronton
by Peter Thronton
Posted: Jul 13, 2016

If you have spare car or an unwanted one in the junkyard, you may consider donating it to the charity. Before that, you need to consider a few things to make sure that donation goes to the right place.

It is disturbing to see several kids leading an utterly miserable life in the cold New Jersey streets. Starving, unaccompanied and distressed and completely out in the elements. A number of these ‘social undesirables’ find substance from dumpsters, with a higher percentage being hooked to drugs including crack, heroin and crystal. This is really a sad scenario prevalent across the New Jersey area. A large number of non-profit organizations have, therefore, come forward to help these dispirited children and bring smile to their faces. Many of these organizations receive various kinds of donations including cloth, money, foods, shoes and other items. All said and done, no other donation can be more yielding than car donation in New Jersey itself.

However, even though the gesture itself is gorgeous enough to encourage others in donating their unwanted cars to charity, one might have some questions about the process and how one’s donation would benefit individuals in need. The most obvious questions that would crop in your mind is how they will use the fund and where your donation will go.

So, it is obligatory to check the charity and determine what they plan to do with your donation. You have full right to ask a few questions about the procedures and the charity is bound to reply to your queries. To be able to make sure that your car donation should go the right way, you will have a bit of planning to do.

Determine the Fair Market Value of Your Car Donation:

The most important thing that you will have to do in the first place is to determine the fair market value of your donation. In 2005, in the USA, with the law being changed, it is now up to the vehicle owner to determine what it is worth. The owner has to write a documentation for the appraisal to justify the value while asking for a tax receipt from the charity.

Check out the Tax Exempt Status of the Charity:

Normally, if your donation is valued at more than a certain amount, you are entitled to receive a fair amount of tax deductions for your car donation New Jersey. Ask for additional information from the charity and determine if the charity has tax exempt status. In America, most of the donated cars legal for public roads qualify to be tax exempt. So don’t hesitate and call them if you have any queries regarding this.

Get the Pre-Pick up Paper Work Done:

Now, it is important to have all the pre-pick up paper work complete before you donate your car to the charity. The charity organization will send their representatives to pick up your vehicle.

Ask the Charity What they Will Do With the Donation:

A car donation is more than receiving a amount of tax deduction. No one should look at it that way. It has a major role to play in the end. So, it is your duty and right to ask the charity what they plan to do with the car or how they will use your car. While some charity auction the donated car, others simply use it for transport. The fund raised through a car donation is primarily used to help the children in needs, lift their spirit and promote their living standard. Get to know what purposes is your donation likely to serve.

About the Author

Peter Thronton is a freelance writer with years of experience writing for social causes. In his recent write-up he talks about car donation in New Jersey and how it helps to change the world of children in need.

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Author: Peter Thronton

Peter Thronton

Member since: Jul 12, 2016
Published articles: 2

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