If you have misplaced your title or registration, don’t worry! We can help. You’ll start the process of donating your car in Minnesota by collecting the vehicle's cleared Certificate of Title and Registration. While car and truck donations are our most popular type of donations, we also accept motorcycles, golf carts, and motorhomes. In most cases, we accept all makes, models, and types of vehicles. With more than 30 years of experience, Cars2Charities has the expertise in making vehicle donations easier than ever. Cars2Charities is designed to provide donors with a simple, fast, and secure way to donate their vehicles in Minnesota. Need some more info? The IRS guidelines for tax deductions is a great resource. You can also learn more about our vehicle donation program by watching our videos, which focus on frequently asked questions that we've grouped by topic. There’s no standing in lines at the DMV or dealing with the paperwork to transfer the title. We operate with full transparency between donor and charity by making sure everyone has a copy of the IRS regulated paperwork - including the IRS Form 1098-C which you will receive within 30 days after the sale of your car.īoth you and the charity will receive IRS Form 1098-C within 30-50 days of the sale of your vehicle, making the transaction transparent to all parties. Our value-enhancing services allow you to deduct the full sale price off your vehicle as a charity donation. Since vehicle donations to charity are considered by the Internal Revenue Service and the State to be COMPLETELY TAX DEDUCTIBLE. By donating a car in Minnesota, you’re part of a win/win proposition. However, charities are not the only ones who benefit. In return, you receive a maximized tax deduction, and the comfort of knowing your donation sparked change and amelioration. The proceeds generated through your vehicle donation makes a difference in this world, by supporting the efforts of the charity you choose. By donating, you share your passion for change and draw attention to what you consider important. Benefits of Donating to Charityĭonating your vehicle is a generous act. So, when you donate a car to charity, you're contributing to a worthy cause that YOU pick, AND you're increasing the amount on your tax deduction. The difference is that now YOU benefit from the enhanced value during tax time. After all, they're just going to fix it up and resell it for a profit for themselves. Retail car lots like CarMax, typically offer a fraction of the as-is value. The Trade-in Value is Too Low. Sometimes it actually makes more financial sense to donate your car than trade it in. After all, it can become a liability: you may be fined, your neighbors may start complaining - and assuming your garage is full and the driveway space is at a premium, who wants to deal with the street cleaning schedule?! Whether it's an RV, camper, truck, car, golf cart, motorcycle, van or even a commercial bus, we come to you and pick it up for free. If your vehicle's been sitting for the last six months, it may be time to consider moving it. Your Driveway Has Become a Parking Lot. Space is pretty limited in Minnesota now. Since you can deduct the full value of what your vehicle sells for, both the charity and your tax deduction benefits. Typically, we increase the value of donated vehicles by 25%-50%. Our in-house car technicians gives donated vehicles the attention and service they require to sell at maximized value. If the cost of repairing your car is starting to add up to more than it's worth, donating just makes more sense. Your Car Needs Work. Fixing up cars is what makes us special. We know how to maximized the donation AND we handle all the paperwork (including the tax documents you'll need in order to get your charity car tax deduction). We have processed so many donated vehicles, we now consider ourselves experts. When you donate your car, you sit back and let us take care of all the details. But if your car is not worth much, your time may be more valuable. Of course, if you put the time and energy into it, you could get some cash back. You Simply Don't Have the Time. Donating your car in Minnesota is a great way to avoid the hassle of selling it. Here are some other reasons people donate vehicles to charity in Minnesota: Or maybe you've just decided to use UBER all the time. Maybe you're helping a loved one who can no longer drive. Or maybe you are upgrading to a new car and the trade-in doesn't make sense. For example, maybe you're down-sizing to fewer cars on the property. The answer is simple- the best time to donate your car is when you no longer need it.
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