What is the tax benefit for me to donate my vehicle?

Answer Donating your car to charity instead of selling it or trading it in can be tremendously rewarding. Your car can benefit someone else while the IRS allows for you to enjoy an important tax deduction... Read More »

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What is the benefit of leasing a new vehicle?

According to the Loan website, leasing a car is tantamount to renting the car for a period of time. At the end of a lease, you can either purchase the car or return it. Leasing can save you money o... Read More »

What Happens When I Donate My Vehicle?

You no longer have a need for that old clunker sitting in the driveway. No one in the family drives it and you don't want to deal with the details of owning it anymore such as registration and smog... Read More »

What happens to my vehicle after I donate it?

Taking an old car you no longer have a need for and donating it to charity gives you a substantial tax deduction. Charities have several options when receiving a car and how they will best utilize ... Read More »

What paperwork is needed to donate a vehicle?

A growing number of not-for-profit organizations accept automobiles as donations. If you are considering making such a contribution, you need to understand what paperwork is needed to donate a vehi... Read More »