1) What types of vehicles can I donate?
Commercial vehicles, autos, cars, motorcycles and even
boats can be donated to our charity. You can even donate
vehicles that are not in running condition. The only
thing required to make a donation is a clear title of
the car.
2) Who is DonateCar.tv?
DonateCar.Tv is a classified 501(c)(3) charity organization..
We have our own fundraising programs where people can
donate vehicles for the benefit of children in need
of nutritious food, clothing or education.
3) Will I benefit tax-wise if I donate my car?
Your car donation is tax deductible. You will receive
a letter from us stating that you had donated the car.
However, individual cases produce individual tax benefits.
So it is better to take the advice of your tax advisor
to find out how much tax benefit you can claim.
4) Is it possible for me to donate a car that has not
been run for years?
We accept any vehicle that is in running condition
or not. You will know if your donation was accepted
within one day of sending the car donation form.
5) Do I have to bear any expenses when I donate my
car?
No, all expenses of towing the car is borne by us.
6) Do I have any restrictions on the car I intend to
donate?
Yes, there are some restrictions. You will know if
your donation was accepted within one day of sending
the car donation form. It is necessary that you have
the title of the car you donate. Of course, it is also
necessary to have the keys of the car.
7) Am I prohibited from donating my car if I don’t
find the car title?
No, in case you don’t find the title of the
car, you can still donate the car. You have to get a
duplicate from the local Department of Motor Vehicles.
8) How long will it take for your people to come and
pick up the car?
Once we receive your request, we will send our people
to pick your car. This may take 2 – 5 days; however,
the towing service will contact you in advance to make
the necessary arrangements.
9) Is it necessary for me to be present when the car
I donate is to be picked up?
In case the car you donate is on the street, it will
be better to have someone present when we come to pick
the car. However, if the car is in your driveway, and
can be reached by a large tow truck, then you need not
be present. But you will have to inform the towing service
of where the keys and title can be found.
Donate
your car now
To buy a new car or to lease?
Whether to buy a new car or to lease it is a dilemma
many new car buyers tend to face. Though it is difficult
to decide between the two, it is important that you
realize that a lease and a loan are two different entities.
The lease finances the use of the vehicle while the
loan finances the purchase of a vehicle. There are advantages
and disadvantages to both of them.
You have to decide if you prefer ownership with loans
and to low up-front costs with no down payment of a
lease. Though you stand to earn long term savings through
loans, you are offered lower monthly payments through
leases.
When buying a car with a loan, you pay for the entire
cost of the car. The amount is not dependant on the
number of miles you use the car. You just have to make
a down payment, pay some sales tax and monthly installments
based on the interest rate determined for the loan by
the loan company. The first payment is made a month
after signing of the contract.
In the case of a lease, you only pay a part of the
cost of the vehicle. The part you pay is the part that
you use up when driving the car. You can either pay
or not pay a down payment while paying sales tax only
on the monthly payments. However, with leases, you end
up paying extra fees with a security deposit that is
not necessary when you buy a car. Here, you have to
make the first payment when you sign the contract.
So as you can see, there actually is no say on what
is better; buying or leasing a car. The decision lies
entirely in your hands. Individual lifestyles and habits
call for independent decisions. Independent financial
situations too call for individual decisions. So you
are the better person to make the final decision.
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