Making a car donation Maryland is a pretty simple procedure. For many years, people would just donate money to their favorite charity in order to help others. But now, people can also donate their vehicles to charities to assist those who have no means of transportation. |
Locate a charity that will accept your vehicle. Some organizations happily accept used autos but some charities do not take them at all. Avoid using a middle man to handle this transaction. Middlemen are usually agencies that advertise to handle all aspects of your automobile gift. The thing they don't tell you is that they keep more than half of the cars value. If you work directly with the organization itself, they keep 100% of the donation.
If you currently work with a charity, ask them first if they take vehicle donations. If they do not, ask them if they know another reputable charity that does accept vehicle donations. Do your own research if they don't know of any charity. Open up the phone book and start calling charities. Once you have a list of a couple of charities that accept vehicle donations, do some online research to be sure they are a reputable charity.
Do not leave the assignment of ownership part blank on the charity paperwork. If any charity tells you to do this, walk away and go somewhere else. You need to officially sign over the vehicle to them because if you do not, you are responsible for anything that happens to the car.
If your vehicle is worth more than $500, you will need to complete an IRS from titled 8283 that will be sent in with your taxes so you can claim the vehicle gift as a tax write off. The fair market value of the car is listed in the Kelley Blue Book or the NADA book.
Donating a car donation in Maryland will help someone in need of a vehicle. For further information, consult the internet.
Vehicles for Change, Inc is a car donation Maryland a community initiative helping to change the lives of low income families in Maryland, Virginia and Washington D.C. (http://www.vehiclesforchange.org)
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