Alabama classic car donation for OnlineCarDonation.com
Do you have a classic car in Alabama? Maybe you have a barn full of gems
just waiting to meet the public. Did you know that your Alabama classic car
can go to help hundreds, if not thousands of kids, parents and families in
need? If you have an Alabama classic car that’s collecting dust, or maybe
even a classic car in perfect condition, learn more about Alabama classic
car donation and how it can produce huge tax benefits for you while also
offering other great incentives like a vacation, iPad giveaway, and in some
cases partial cash given to the donor (exclusive to our Donors!).
We
let you decide how you would like to donate, and how you would like to
benefit community programs and great causes in your area. When you’re ready
to donate your Alabama classic car or ready to learn more, please contact
our customer service team anytime at 888-228-7320.
We hold your
Alabama classic car donation for the minimum IRS required three-year term so
that you can write off your full fair market value as determined by
appraisal or other current method. There are many wonderful organizations
that accept classic car donations throughout Alabama. Often though the
problem donors face is that a charity is not willing to hang on to (until
they are offered top Market/appraised value) their donation for the minimum
IRS required three-year term. Click here for a helpful PDF from the IRS that
explains this requirement.
The IRS requires that a charity hold on
to a donation for a minimum of three years or until they receive full
appraised value to ensure that the donor will be able to write off the
appraised value. If the charity does not hang on to your Alabama classic car
donation for the minimum three-year term, unless they receive a full
appraised value offer buyer prior to that end date, you could lose thousands
of dollars that you would have otherwise received as a tax deduction.
A tax deduction is great and you’re eligible for one every time you make
an Alabama classic car donation. This tax deduction can offset federal taxes
owed this year or over several consecutive years thereafter. If you’re not
expecting to owe federal taxes there are other options like vacations and
Bahamas cruise giveaways which most classic cars are eligible for. Our only
pre-qualification is that your classic car donation has a market value over
$500 at the time of donation. Meet this mark and you’ll receive a vacation
or Bahamas cruise on us! We have partners that continue to offer great
giveaways and package deals like this all year long, so don’t hesitate to
call for our most current offers.
Need a little cash in hand? Your
Alabama classic car donation in some cases can be eligible for a partial
cash payment from us. We are willing to pay a portion of what the market
value of your classic car may bring. The difference can be offered to you as
a tax deduction. This combination offers flexibility for classic car donors
who are not in need of thousands of dollars in tax deductions but would
rather have some cash in hand. Contact one of our helpful Alabama classic
car donation team members today. They will be happy to answer all of your
questions and walk you through the entire process to make sure classic car
donation is right for you. If you prefer e-mail contact you may click here
to fill out our
Alabama classic car donation form. There is no obligation to
donate when you complete this form; it is just so that we can contact you
back and know a little bit about your donation.