Mini Cooper Restoration 
Sunday, September 1, 2013, 01:33 PM
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Donating your Classic Car 
Sunday, September 1, 2013, 01:31 PM
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Donating your classic car can be an excellent way to support your favorite charity or cause, as well as providing a significant tax break for some people. Whether you have too many antique cars, not enough time for them or you simply want to make a difference by supporting something meaningful to you, donating your old car can be an incredible experience for everyone involved. Understanding what options are available may help you decide how you'd like to go about donating your classic car.

Car donation service

Most medium and large cities in the US are home to a number of different car donation services. These organizations are specifically in the business of soliciting and accepting classic cars and other vehicles as donations for various causes. In some cases you may be able to direct how the money is used, but in most instances your car will be sold at auction and the proceeds will be used to fund a multitude of causes.

Direct charity

If you already have a favorite charity or one you'd like to start supporting, you can inquire about donating your car directly to the organization. For many charities this might be an unconventional gift but one that is well-received in any case - and certainly a gift that can be converted to cash fairly easily.

On loan to museum

If you'd like to preserve your classic car for future generations, consider donating it to a museum. As the years pass more and more classic cars will fade into obscurity as a result of accidents, neglect, etc, so placing your car with a museum may be the best way to give it lasting life and educate generations to come about their past.
Museum curators are often the person that makes acquisition decisions, so start your queries there.

On loan to film/movie

The film and motion picture industry has a surprising need for classic cars to be featured in various roles in many different movies and television programs. Often producers need a specific car with specific trim and colors, etc, but in some cases the film may require a number of classic cars from the same period. Donating your car temporarily to the producers of a film can help keep the production under budget and may entitle you to payment or a tax break for your donation.
Town or significant place

If you own a classic automobile that is highly specific to a town or significant place, you may consider donating it in an effort to "immortalize" the car and provide a nice boost for a local community. For instance, let's imagine that you have an old 1939 Chevy fire truck from a certain township 300 miles away from you. Or perhaps you have a classic truck or car that was used in a movie or advertisement that made an area "famous." While there might not be a specific way to showcase or otherwise utilize your gift, it can't hurt to ask.

Hold your own fundraiser/auction

If you have the time and resources you can host your own fundraiser. You can sell raffle tickets with the winning prize being the car in question, and then use that money for charity purposes. Alternatively you can simply auction the car and use the funds for whatever charity purpose you wish.

Classic cars generally attract a lot of attention and can provide just as much value in the way of marketing as they can by direct sale or donation. A little creativity can help you create the best possible outcome when it comes to donating your classic car.

- James Davis
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Forza Friday: 1960 Alfa Romeo Giulietta Spider  
Saturday, August 17, 2013, 11:36 AM
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