It’s no secret that you can receive a tax deduction for the car donation you make, but did you know this is one of the best ways to recycle your car.
When you think about recycling, typically the things that come to mind are plastic bottles, metal cans, milk cartons, and boxes that our food comes in. You can recycle all day long with the packaging for your groceries, but one of the largest items that you’ll want to recycle is your car.
Which Parts of Your Car can be Recycled
Your car is made of several different metals, plastics, rubbers, and soft materials that can all be used once again. If you donate your car to many organizations, you’re going to receive a minimal tax deduction certificate for your car donation because they truly will have your car crushed, broken down, and recycled to become other items or to simply sit in a junkyard. While the various parts of your car could be valuable separately, they are more valuable as the car they are.
Repurpose Your Car and Make a Difference
Rather than allowing your old car to be broken down and recycled for the separate materials it contains, or to have it sitting in a junkyard rotting away, let your old car become a new model for someone else. Your car can make a huge difference in the lives of others when you donate it to a special place. Not only will you make a difference to others, but you’ll also receive more for yourself as well.
Where Can You Get the Largest Tax Deduction for a Car Donation?
Bring your old car and your title to the Newgate School and let them accept your donation. This team will issue a tax deduction certificate for your car donation and take over the title from you. The value of that tax deduction will be directly related to how your old car is used by the Newgate School. There are three possible ways they can make use of your old car.
Your Car Will be Used as a Learning Tool
No matter the condition or age of the car you bring to the Newgate School, they will use it as a teaching and learning tool for the students of the school. Whether it only needs a small amount of maintenance to make it ready to be sold or the vehicle requires extensive work to be completed, this school will make use of your old car and teach students how to work on vehicles by using your old car as a teaching tool.
What Does this School Teach?
You know the Newgate School is a special place, but what makes it the right place for your car donation. The students of the Newgate School all learn automotive repair and maintenance to be the next generation of auto techs in the area. Your old car will be used as an instructional tool. It could be used to show what can happen when a car is damaged or it could be used to teach students how to prepare a car for sale.
Your Car Donation Could Be Donated Again
Don’t think of it as regifting or think of it that way. You’ll receive an excellent tax deduction for your car donation when you have a car that can be used as a donation by the Newgate School. If this school can turn around and donate your car to the Wheels for Women program, the value of your tax deduction certificate will be greater than if your car is simply used as a teaching tool.
What is the Wheels for Women Program
The Wheels for Women program allows single mothers in the area to receive a car they can drive and enjoy every day. These cars are donated to the program and checked over by the Newgate School team to make sure they are useful and reliable. This little bit of freedom can make a huge impact on the family that receives a car to drive and no longer has to use the bus, taxi, or ask for rides from friends.
Your Old Car Might be Sold
There’s a good chance that you might see your old car driving around on the road with a new driver behind the wheel. You receive the greatest tax deduction for car donation when your old car is fixed up and sold by the team at the Newgate School. If your old car doesn’t need a lot of work and can bring value for the school, this is what will happen.
Why Does Newgate Sell Cars?
Since the beginning of the Newgate School in 1982, this school has been completely self-sustaining. They never charge any student for tuition because the money they receive from car sales of donated vehicles continue to allow the school to remain a self-sustaining institution. This means low-income students are able to receive the training needed to enjoy a career in the automotive field. Your car donation allows this school to continue to offer the education these students are looking for.
Receive Your Tax Deduction Certificate for a Car Donation
If its time for you to get rid of an old car and you don’t want to see it crushed or as part of a throw-away program, allow your car to be reused by someone else that could use it, make a donation to the Newgate School. You’ll receive a tax deduction for the car donation you make and have the benefit of a reduced tax liability when its time to file your taxes next year.
Recycle in the Best Way Possible
Your old car has a lot of recyclable materials, but it might work better if it continues to live its life as a car. Bring the car and your title to the Newgate School and let it be used by this school and benefit you at the same time. You’ll feel great about giving your car to this school to make a difference in several lives.
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