Kars4Kids Donate Your Car To Charity
What should I do if a towing company asks me to donate my car? Many charities have arrangements with for-profit towing companies that advertise that donated cars will benefit a charity. Often, the towing company pays the charity a fixed amount, sometimes very little, to the charity, regardless of the value of the car. Before donating your car to such companies, find out how much the charity will get from your donation. Better yet, find a charity that will accept your donation directly.
Yes, when you donate a vehicle, we will need to receive the title for the vehicle, and any applicable lien release, if there was ever a lien holder listed on the title. We will need you to sign the title on the 'signature of seller line' located in the first reassignment area of the title. Please remember to sign your name as it appears on the front of the title. If more than one person is listed as an owner on the front of the title, both parties must sign on the 'signature of seller' line. How long will it take to have my car donation picked up?
When the car is picked up, the company would give you a tax form. This is important for you to avail of tax deduction. Make sure to file a notice of release of liability to a local Department of Motor Vehicle (DMV). Ask the people who picked up your car on how to fill out the form. Lastly, inform your insurance company that you donated your car to charity. Do this on the day you release your car. This is important for them so they can discontinue the insurance coverage.
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