Tuesday 2 August 2011

Why Donate Car When You Can Donate Money?


Have you ever wondered, “Why donate car when you can donate money?” When the latter is an easy option, the former has some procedures, nevertheless taken care of by the charity to which you donate car. Are there enough reasons that justify why we offer automobiles instead of money? Here, the word “reasons” implies the benefits both you and the charity can obtain through the offering of your vehicle to charity.

The first and foremost benefit is tax exemption to the final sale value of your car. It is a tangible benefit that adds up to your financial status at the end of the financial year. Of course, even if you offer money, you still can gain tax exemption but besides the tangible benefits, the intangible benefits are based on utility, when you donate car. The utility of a car is higher than that of money.

When you donate car, the utility of the vehicle varies from sales to fetching to ferrying to commuting to work. If the vehicle is sold to or offered to a family in which one of the members has a job, they can use the car to travel to and fro to work. If it were sold to or offered to a student, he can use the automobile to go to his college, if he were to travel a long distance each day to get educated.

You can also donate car to put to use what you wouldn’t otherwise need. Somebody else may be in need of what you no longer need. You can offer money but when you donate car, you put the machinery into productive use. Hospitals can use them to fetch medicines while charity organizations do so to transport the children or the aged. A vehicle is about multiple utility while money can only help purchase something which is why you can donate car in place of money.

1 comment:

  1. There are various things that you should although keep in mind when making such a donation. The prime of all points being that you should make a charity only after checking the authentication of the place where you are making a donation. You would never like to end up in trouble after making such a donation. If your car gets into the right hands it could save many lives but going into the wrong hands will get you into troubles.
    Donating Your Car to charity

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