Donate Car in Rhode Island to Charity
When you donate your car, you not only give something, you get something in return. A car donation in Rhode Island entitles you to a tax deduction. Rhode Island car donations are an easy way to support a charity. They also offer a convenient way to get rid of a car that just may be sitting in your driveway. You won’t have to advertise to sell the car or go through the hassle of trying to trade it in. Local charities to consider include food banks, homeless or animal shelters or youth organizations. On the national level, there are many charities that accept car donations, including the Red Cross and Make a Wish Foundation.
How to choose a charity for Rhode Island car donations
Consider what charity supports a cause you care about when choosing an organization. On the local level, food banks, youth organizations and animal shelters often take Rhode Island car donations. Habitat for Humanity, Make-a-Wish Foundation and the American Red Cross are national non-profit organizations that accept car donations in Rhode Island. If you are not sure if a charity accepts donations, call to find out. Confirm that it is a registered IRS-approved 501(c)(3) organization.
The Rhode Island car donation process is easy
You will need to fill out some paperwork once you determine the charity you want to receive your car donation in Rhode Island. The next step is to arrange a time for someone to pick up your car, at your convenience and the location you prefer. Before handing over your car, take off the license plates. You don’t want to be responsible for any parking or traffic tickets or be liable for damages if an accident occurs after the car is removed. To avoid this be sure to notify your local Department of Motor Vehicles and your insurance company before the car leaves your possession
Estimate value for your car donations in Rhode Island
Rhode Island car donations accept truck, boat, RV, motorcycle and construction or farm equipment. You even can donate vehicles that are not running. Your IRS tax deduction will be based on the fair market value of your car. Use a guide such as Kelley Blue Book Used-Car Values Calculator. The IRS will not require evidence of the sale price if the car donation in Rhode Island is less than $500. The situation changes if the fair market value of your car exceeds $500. Then you’ll need a receipt from the charity indicating the actual sale price of the vehicle.
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