5 common mistakes to avoid when donating a car
5 Common Mistakes to Avoid when Donating a Car
Owning a car is certainly a dream for many, and donating an old car is a noble way to fulfill this dream for someone who cannot afford a brand-new car. Old cars may be donated at auto auctions, directly to someone in need, or through charitable organizations or NGOs. In any case, one needs to avoid certain common mistakes when donating a car, so that it reaches the right persons in a hassle-free manner.
Forgetting to terminate one’s car insurance
A common mistake is forgetting to cancel one’s car insurance after donating the car. It is easy to overlook this step, because car owners may want to retain their auto insurance till the day they donate their car. And this is a good practice to ensure that one is covered in case of any damages even during the last few days before the car is donated. However, in these cases, one should set reminders to terminate the insurance plan just before donating it.
Not researching well on the charitable trust or organization
If one is donating their car through a charitable trust or organization, one should research well on the trust’s background and genuineness, so that the car reaches the right hands.