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Donate Car Los Angeles

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Donating a Car in Los Angeles

Donating a car in the city of Los Angeles is a great way to help someone that it truly in need. Before you do so though, there are a few things that you do before picking out a charity.

How to Donate a Car in Los Angeles

Donating a car in Los Angeles isn’t hard if you know where to look. When choosing a charity, there are a few things that you’re going to want to look out for:

The Reputation: Always make sure that you’re dealing with a company that is highly rated. A quick search online can usually yield some decent results. If the company has a lot of negative press, it may be best to turn elsewhere.

Licensed: The IRS won’t give you a deduction if the car donation company isn’t a registered charity. Always be sure to look for their tax-exempt 501(c)(3) status. By knowing this, you can be assured that you can legitimately write off your car purchase come tax time.

Title Transfer: The last thing that you want to note is how the title transfer is done. When you donate a car, make sure that the title is transferred to the new owner. There have been some cases where that car has been in an accident and the person that donated the car was still held liable.

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Reputable Charities in Los Angeles

Riteway Charity Services: Providing free next day pickup, Riteway Charity Services accepts all sorts of makes and models. Being the number one charity service in Orange County, Riteway helps local organizations such as the local Children’s Hospital and the Alzheimer’s Association.

Los Angeles Fire Department: The LACoFD offers a vehicle donation program in the greater Los Angeles area. When donating through this program, you’ll be helping helping children who are illiterate. While the fire department doesn’t store the cars on their property, they are just considered the charity of choice.

89.3 KPCC: 89.3 is apart of California Public Radio. When donating a car to this organization, you’ll be supporting local station with their programming. The great thing about this charity is that they will even pick up your car at no charge.

The Benefits of Donating

When you want to donate a car in Los Angeles, you’ll not only be helping someone in need, you’ll get a hefty tax deduction as well. If you don’t want to go through the hassle of selling your car, or maybe you don’t think that you’ll get a lot of money for it, a charity is a wise option to consider. Most charities will be more than willing to pick up your car at no cost and do the dirty work of selling it for you.

The Tax Perks

Those that want to donate a car in Los Angeles will find that most charities are going to work in the same way. Most charities will take the car off your hands and give you a receipt at the time of the drop off. After the drop off, the charity will then proceed to either sell the car or donate it to an individual within the organization that needs it. If the car is sold by the charity, they will send a gross sale receipt after 30 days. The gross sale can then be written off on your tax return. If the car was dropped off and no sale occurred, then a fair market value of the vehicle can be considered the write off.