how to get a free golf cart
ONE:Call 855-520-2100to Arrange FREE Towing Golf cart donation in city is easier than ever. All you have to do is start with a phone call.
How do I get a tax rebate for an electric golf cart?
First purchase a golf cart that meets the standards necessary to qualify for the tax rebate on electric vehicle tax incentive program. Next, to qualify for the rebate, the golf cart must be electric, roadworthy, and meet additional safety standards.
How much does an electric golf cart cost?
Then, choose an electric cart (preferably new) that retails anywhere from $7,500 and $10,0000 and can travel 15 to 25 miles per hour. These types of carts, when all other criteria are met, usually qualify for a tax rebate at nearly 60 to 70% of there retail value.
Can I Sell my Old golf cart to Goodwill?
Skip the hassles and cost of selling an outdated golf cart. Whether you got an old golf cart that’s about to give up on you, or a perfectly running one that you just don’t need anymore, we’ll be more than grateful to have it at Goodwill. We’re not choosy when it comes to the condition of the vehicles being donated to us.
What is a bill of sale on a golf cart?
A golf cart bill of sale transfers the ownership of a golf cart in exchange for cash or trade. Since there is no registration after the sale, after a bill of sale is signed the transaction is complete. It is recommended to sign a bill of sale AFTER payment has been made in full.
How much does the car tax credit cover?
The amazing thing about this credit is that it can cover 100% of the purchase price of the vehicle, up to $15,000. There are no income limits on taxpayers claiming it (as there are for other lucrative breaks such as the first-time home buyer’s tax credit or the child tax credit). And, it doesn’t get taken away through sneaky back-door tax provisions, such as the Alternative Minimum Tax either.
Is tax credit more valuable than deduction?
It’s worth mentioning that tax credits are far more valuable than tax deductions. Tax deductions just reduce the amount of income that’s subject to tax, which saves a taxpayer in the 30% bracket roughly 30 cents for every dollar spent. Tax credits, on the other hand, provide a dollar-for-dollar reduction in the tax you owe. Thus, if you owe Uncle Sam $6,500, but have a $6,500 tax credit for buying a neighborhood electric vehicle, you owe zero. Zip. Zilch. Nada. Uncle Sam just paid for your golf cart.
When did electric vehicles get tax credits?
Economic stimulus legislation passed in late 2008 and early 2009 created two new tax credits for electric vehicles, including one for four-wheel, low-speed, plug-in electric drive vehicles. What does that sound like? A golf cart. What does it look like? A golf cart. But don’t call them golf carts.
Does the golf cart credit apply to golf carts?
The law specifically says this credit does not apply to vehicles manufactured primarily for "off road" use, such as on a golf course. In guidance issued in late June, the Internal Revenue Service defined qualifying vehicles as, well, street-legal golf carts.
Who is Kathy Kristof?
Kathy Kristof, editor of SideHusl.com, is an award-winning financial journalist and the author of Investing 101.
Golf Cart Donations: One Simple Act Can Make a Lasting Impact
Have you been itching to get rid of an old golf cart that’s been sitting idly in your garage for ages? Do you think it no longer makes sense to continue keeping it on your property?
Experience a Hassle-Free Donation Process
If you still haven’t found a golf cart donations program in your city that offers top quality service, you can stop looking now. Goodwill Car Donations is here to grant your wish!
The Types of Golf Carts You Can Donate
Whether you got an old golf cart that’s about to give up on you, or a perfectly running one that you just don’t need anymore, we’ll be more than grateful to have it at Goodwill. We’re not choosy when it comes to the condition of the vehicles being donated to us. We even take golf carts that have some missing or defective parts.
Show Disadvantaged Americans that You Care
Don’t you just love the idea of making a difference in your community? It’s time to help your fellow Americans who are burdened with disabilities and other disadvantages. Take part in Goodwill’s golf cart donations program by calling 866-233-8586 or filling out our online donation form now!