Automobiles Are Changing Rapidly

Posted on: 21 March 2022

You can do plenty of things with an old car that you don't need anymore. You can sell it for some cash, turn it over to a junk car buyer, or even use it as a project. However, most of these options won't do much to make the world a better place, and they may require a substantial amount of time and effort on your part.

Fortunately, there's a better option: giving your car to a charity. Donating your vehicle to a charity that assists veterans can often be a far better choice than the alternatives. If you still aren't convinced, here are three great reasons why this may be the best home for your old car.

1. You Can Support a Cause You Care About

There's no denying that many Americans recognize and respect the vital service that veterans provide for their country. Unfortunately, many of these individuals don't always receive the support they need, leaving them struggling financially. As many as a third of American veterans may have trouble meeting basic financial needs, such as paying their bills on time.

Reliable transportation is a critical component for financial health and well-being in America. Without a dependable vehicle, it can be challenging to get to work, bring your kids to school, or even buy necessities at the store. Charities that provide cars to veterans help them meet these needs so they can focus on living independent and successful lives.

2. It's Good for the Environment

If you care about the environment, donating your car to charity is an excellent opportunity to keep more scrap out of the junkyard. As long as your car is in reasonably good shape, many charities will do what they can to repair it and donate it to a veteran in need. This approach means your old car gets a second lease on life instead of a one-way trip to the wrecker.

Donating your car is also better for the environment than leaving it rotting in your driveway. Old vehicles can leak fluids or even present a hazard to local wildlife. Sending your car off to a charity means it won't sit idle, slowly rotting away day by day.

3. You'll Get a Tax Break

Donating your car comes with a receipt and some documentation that you can use to claim a deduction on your taxes. Depending on how the charity structures its donation, you may be able to claim either fair market value or a sales price for the car. Whatever the case, you'll earn some financial benefit for donating your vehicle, even if it wasn't worth much in the first place.

While you might want to hold onto your old vehicles for as long as possible, it's worth considering the many benefits of giving them to someone in need. By donating your old car to a veteran's charity, you'll be helping someone enjoy the life they deserve after many years of service to their country.  

For more information, contact a charity, such as Cars 2 Charities, near you.