Charity Cars in the News: Donating a car can be good deal if it goes to the needy, not an auction

For years, giving a car to charity offered multiple benefits. You could get rid of your beater, help a worthy cause and pocket a sizable tax deduction.

There are still many charities that will happily haul away your 1987 Chrysler LeBaron, but a law that took effect last year has deflated the tax deduction. Now, most donors can deduct only the amount the charity receives when it sells the vehicle — which is usually much less than the amount claimed under the old rules.\

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