Donate Your Car for PERSONAL GAIN
While many people might think of donations and charity as selfless acts of kindness, there are tangible gains you receive when you donate your car. Consider this: donating a car makes a positive impact on both the donator and receiver. Even though many people do not decide to donate a car solely for personal gain, there are many financial, psychological, and physical benefits to charitable giving.
Donating a car to charity can help a family get back on their feet and improve their employment and financial circumstances in a significant way. Many people want to give back to their community and help those in need as much as they can, which is one reason volunteer work and charitable giving are such a prominent aspect of our culture.
While donating money or volunteering for a non-profit are both great ways to give back to the community, donating a car does so much more. It will provide a family with the means to take control of their own lives, gain employment, live healthier, and get out of the cycle of poverty. Low-income families need vehicles to be competitive in today’s job climate; your donation could be the difference between unemployment and having a job.
Where to Donate Your Car
When you decide it is time to donate your car, consider Vehicles for Change. Not only does Vehicles for Change offer the highest tax deduction available for your contribution, but its unique system of refurbishing cars allows more eligible families to gain affordable vehicles.
Vehicles for Change accepts any vehicle, regardless of condition. The team of technicians at Vehicles for Change inspects each donated vehicle to determine the highest possible value. When you donate a vehicle that can’t be refurbished, it is auctioned off, and the money is used to pay for automotive repairs on other donated cars. Either way, your donation makes a significant difference.
Since 1999, Vehicles for Change has helped over 5,000 eligible families in the Maryland, Virginia, and Washington D.C. areas. These low-income families have gained employment, received better pay, and now have healthcare access. When you donate your car, you empower families to regain independence and access the security they deserve.
The difference your vehicle could make in one family’s life is substantial. With an average of $7,400 increase in annual wages, families participating in the Vehicles for Change program vividly illustrate the wide-reaching effects affordable vehicles make in life. Donating your car obviously helps others, but what about personal gain for the donor?
When you make the decision to help others, you are also helping yourself. With both financial and health-related benefits, donations are an easy way to make you feel good and even earn a little extra cash. Participating in any act of service, charity, or philanthropy has many documented mental and physical benefits.
Additionally, as an added financial incentive, tax deductions are available for anyone donating to a non-profit organization. Vehicles for Change ensures you receive the highest tax deduction possible and offers specialized inspections to find the highest value for your vehicle. The Vehicles for Change tax advantage lets both you and the families partnered with Vehicles for Change make the most out of your donated vehicle.
Donating time, money, or goods have all proven to have a positive impact on mental health. Simply put, giving makes us happy. Several psychological studies have shown that when participants were instructed to donate money to someone else, their overall level of happiness improved.
Specifically, a 2008 study by Dr. Michael Norton and other colleagues of the Harvard Business School found that giving money to someone else increased participant’s happiness levels more than spending the money on themselves. Dr. Norton’s study and others like it have focused on small acts of kindness and donations, but think about how much more pronounced these effects are when you donate your car!
The commonly referred to “helper’s high” is caused by a release of endorphins in the brain during altruistic behaviors. Many studies have pointed to the function of appreciation during acts of giving, which make us feel good about ourselves. In other words, we feel good because other people think we are good. Research supports the idea that donating has positive effects on happiness levels, so when you donate your car, the endorphins are built right in.
Donate Locally Feel Even Happier
Studies have shown donating and volunteering increase overall happiness in participants, but research also suggests participating in charity work in your own community in a way that forms social connections has an even stronger effect. When you donate to an organization that gives back to your local community, you know your contribution is going to help someone close to you.
Even if you do not know the family directly, Vehicles for Change empowers local families in your area. The close proximity to the lives your donation has an impact on allows for a deeper connection to your contribution and stronger feelings of happiness and connection.
Charitable giving affects not only your mental health but your physical health as well. Social connections, which can be fueled by volunteering or partnering with a non-profit like Vehicles for Change, have been shown to decrease the rate of illnesses like colds in research participants. While there is not a direct link between improved health and donating your vehicle, research suggests the connections made to other people through the act of giving do seem to align with improved health.
Studies have shown individuals who do charity work live longer than those who do not. Several studies have noticed a decrease in mortality rates in participants who volunteer or contribute to non-profits – citing social connections, decrease in stress levels, and lower blood pressure as reasons for individuals living longer. The psychological benefits such as feeling needed and appreciated and the physical effects of lowered blood pressure and stress work together to make a longer and fuller life in people who chose to contribute their time and resources to charity.
In addition to health benefits associated with charitable giving, there are financial incentives, too. Vehicles for Change offers a higher tax deduction than virtually any other non-profit that accepts vehicles. The organization is unique because it is one of only a handful of organizations in the country that refurbishes your donated car with the intention of reselling it at an affordable price to a family in need.
Other organizations use your donation to produce revenue, but this prevents you from receiving the highest possible tax deduction. You can expect to receive a tax deduction based on the fair market value of your vehicle, and Vehicles for Change offers a detailed inspection to ensure you receive the most for your generous donation. The tax deduction you receive when donating your car is a financial incentive that gives you a positive return when you give to someone in need.
Convenience is another personal benefit when you choose to donate your car to Vehicles for Change. Once you contact the organization to express interest in donating a vehicle, we will schedule a free pick-up anywhere in the Maryland, Virginia, and Washington D.C. areas so that you do not have to worry about delivering the vehicle to their facility. Instead of the hassle of selling, disposing of, or moving your vehicle, Vehicles for Change will take care of the entire pick-up process. This convenience is just one more way car donation with Vehicles for Change can save you time and money.
Time for a New Car
The final personal benefit you can expect from donating your vehicle is the opportunity to buy something new for yourself. Replacing your used car with a new vehicle will require research and time, but after the hassle-free experience with Vehicles for Change, you will be prepared to dedicate that time to ensuring you buy the perfect new car for your needs. After giving back by donating your used car, you will be in the perfect frame of mind to choose a new car as a reward for you and your family.
Donating a car to Vehicles for Change can help change a family’s life by providing access to job security and healthcare. Your contribution is a part of a larger project that focuses on empowering working families in your community and giving them the chance they deserve to live happy and healthy lives.
While car donations are ultimately about the positive effect they have on a family in need, there are a number of benefits that come right back to the donor. By participating in charitable giving, individuals experience longer, happier and healthier lives, all while receiving substantial financial incentive and conveniently making room for a new vehicle. Consider donating your car today to give back to your community, and receive some personal benefits as well!