Top 3 Reasons To Consider Donating Your Car To A Veteran Charity

If you have a vehicle sitting around that you no longer use, you may want to consider donating this car to a veteran charity. This is because you may be surprised to learn just how beneficial donating your unwanted vehicle can be. This remains true regardless of what condition your vehicle is currently in. Continue reading to discover just a few of the many reasons why you should donate your car to a veteran charity. 

Reason #1: Reduce Your Tax Liability 

When you choose to donate your car to charity, you will be eligible for a tax deduction in the amount of your vehicle's current value. This tax deduction will lower the amount of income you are required to pay taxes on at the end of the year. If you typically owe income tax when filing your returns, this can lower or even eliminate your tax liability. If you typically receive a tax refund at the end of the year, this deduction could result in an even larger refund. Consequently, donating your car to a veteran charity can prove to be financially beneficial even though you are not receiving direct payment for the vehicle. 

Reason #2: Help Support Veterans In Your Local Area

Many veterans return home with either physical or mental disabilities after fighting for the freedom of everyone in this country. Unfortunately, these disabilities often make it difficult for veterans to return to the workforce after coming home. One of the most meaningful ways that you can show your appreciation for their service is to help support them during their time of need. Choosing to donate your unwanted car to a veteran charity is one way you can help to support the veterans in your local area. 

Reason #3: Avoid The Stress Of Selling Your Vehicle

The process of selling a vehicle can often be quite time-consuming and stressful. In addition to advertising your vehicle for sale, you will need to deal with fielding multiple inquiries and arranging a time for interested parties to view and test drive the vehicle. Even after all of this, there is no guarantee that any of these individuals will ultimately choose to purchase your vehicle. This can be a lot of stress to deal with for a potentially small payday. Choosing to donate your car to a veteran charity allows you to avoid this hassle altogether. Best of all, you will be able to walk away from this donation feeling good about yourself and your decision rather than being stressed out by the process of trying to sell your unwanted vehicle. 

Learn more about how to donate cars to veteran charities.