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How a Charity Car Auction Actually Works
Charity Car Auctions are a great way for donors to receive a tax break while foregoing the hassles of selling an old vehicle. Some charities conduct their own car auctions. More and more people are buying cars that are at auction for any charitable institution. Aside from tax break the buyer can decide where they want the money to go.
How do Charity Car Auctions work? When you have a used car and want to get rid of it quickly, check out charities that you think would benefit from the sale of a car. Contact them and ask them if they deal with certain auctioneers or auction house. These companies may give the charity a break on their usual fees. This lets more money go to where it is needed. Sometimes the auctioneer makes a note in the auction book, online and also at the time of the auction that the proceeds of the sale are going to a specific charity. Car fanatics and collectors can sometimes stumble across a very good deal provided they do their homework beforehand.
Many charity car auctions are on the internet. You have to register on the site as a buyer or a seller. Bidders register and must fill out the forms about profile and bank account information. Once a bidder registered, they can now start bidding and when a bid is won, chances are more of the proceeds will go directly to the charity because of the lower overhead on an internet auction. This benefits the charity tremendously.
Fay Salmons writes about Charity Car Auctions at http://www.greatcharitywork.com [http://greatcharitywork.com/]
Article Source: http://EzineArticles.com/3355772By Fay Salmons
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