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How to Donate Your Car to a Reputable Charity in 9 Steps Sadly, unscrupulous people* take advantage of the big-hearted and run either complete scams or charities that only barely qualify as such. How to prevent that from happening to you: Check the charity’s rating with an independent watchdog like Charity Navigator or BBB Wise Giving Alliance. “Though each watchdog has its own system for assessing charities, they all use similar criteria. For example, CharityWatch says that for a group to have a satisfactory rating, at least 60 percent of its spending should go to the charity’s programs. To garner its top rating, 75 percent of a group’s expenses must be used for its programs, and its fundraising costs cannot exceed 25 percent of the money it raises,” writes Consumer Reports. Be wary of any donation offers that seem too good to be true. Find out what the charity will do with your car and any funds they receive from its sale. You can ask the charity directly, and you can (and should) review their financial reports to see what percentage of funds goes toward administrative costs and what percentage goes toward helping those in need. (A list of several national vehicle donation charities and their stats can be found here). Donate your vehicle directly to the charitable organization of your choosing and avoid using a third party as they just dilute the funds. Drive your car to the charity rather than using a towing service if you can. This will help ensure that more funds will go to help those in need. Some vehicle donation charities are able to cover the cost of towing for a small fee, so if your car doesn’t run, you might still consider them. Just understand the details ahead of time. Transfer the vehicle’s title upon donation. Don’t leave the assignment of ownership line blank (even if the charity asks you to) because you could be liable for parking tickets or even blamed in a crash after your donation. Cancel insurance coverage on the vehicle you’re donating. Not to worry – it’s not complicated. According to The Zebra’s own licensed insurance agent and adviser Neil Richardson, as far as the insurance is concerned, donating your car is no different than selling it to a private individual or dealership. “Once the title is transferred over, then the former owner (you) no longer has any ‘insurable interest’ on the vehicle. That is, you’re no longer at risk of being on the proverbial ‘hook’ for any damage caused to or by the vehicle.” Canceling your policy may result in a refund from your insurance company, too. Remove your license plates and return them to the DMV yourself before donating your vehicle. Get a receipt from your donation – and hold on to it. Charity Watch says that non-cash donations are one of the biggest triggers for an IRS audit, so you’ll want to have (and keep) all your paperwork in order. Request privacy. Charities often share or sell donor info, so if you don’t want to end up on a million lists, request privacy, says Consumer Reports.

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