NBC Bay Area: Donating a used car may serve as a charitable gift this holiday season — but it's unlikely to benefit your taxes Donating your used car to a charity may bring you joy for helping another person in need, especially as prices for both new and used cars remain high. However, don't expect the move to make a huge ... Donating a used car may serve as a charitable gift this holiday season — but it's unlikely to benefit your taxes Thinking of donating a car to charity?

Understanding the Context

There are a lot of things to consider before doing so. For instance, you need to make sure the organization is tax-exempt as a charity. The Better Business ... right thing, donating his 18-year-old car to charity this past summer.

Key Insights

We tried the Salvation Army first, but it took so many phone calls, so much time waiting on hold, miscommunications over the ... CARS.COM — If you think your car won’t fetch much as a trade-in and don’t want the trouble of selling it yourself, you can always explore the possibility of donating it to charity. It’s an act of good ... CNBC: Donating a car to charity? You might want to pump the brakes Donating a car could be one of the least cost-effective ways to aid a charity, says industry expert.

Final Thoughts

The car-donation industry is riddled with fraud and deception, with multiple states investigating ... Donating a car to charity? You might want to pump the brakes Donating your car before the end of the year can give you a tax break while helping a charity in need. Financial Consultant John Caserta breaks down the process for getting a tax deduction and ... Mercury News: Are you donating a car to charity? Proceed with caution