How to Raffle a Car Lease
Raffling a leased car is a way to raise money for worthwhile causes. Organizing and registering your raffle can be a bit tricky, especially because regulations vary substantially from state to state. With persistence and determination, however, you can attract attention and earn money for your organization at minimal expense.
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Instructions
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Find a donated car. Because a car lease is such a large expense, it can be difficult to hold a profitable raffle unless your prize car is donated, and leasing it yourself is not advisable. Visit local car dealerships and make a case for your organization. Also reach out to supporters of your group to see if someone is willing to sponsor the raffle prize.
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Consult a lawyer to determine the steps necessary to comply with the laws governing raffles in your area. Raffle laws vary by state and sometimes even by city, and they can be complex and restrictive. Some states require licenses to hold raffles, while others prohibit them all together. The guidance of a trained lawyer is essential to ensure that your fundraiser does not break the law.
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Determine the date of your raffle and the price you will charge for a ticket. Choose a price that is high enough to maximize your profit but not so high that it will discourage potential raffle participants. Consult with friends or, if possible, organizations that have conducted similar raffles to find an appropriate price point.
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Announce the raffle in targeted media. Contact newspapers, community newsletters and local radio stations to solicit donated advertising space or time.
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Make posters advertising your raffle and post them in outdoor spots and on public bulletin boards around town. Check whether a permit is required to hang outdoor posters in your area; if it is, secure the appropriate permit first.
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Contact local shopping centers and request to display the car you plan to raffle in a secure but visible spot in the parking lot. Adorn the car with large signs announcing the date of the raffle and explaining how to purchase tickets.
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Solicit volunteers from within and outside your organization to sell tickets. Instruct them to target friends and family, and encourage them to sell door-to-door in their neighborhoods. Use two-part numbered tickets; hand one part to the customer and retain the other for yourself, being sure to link each ticket number to the ticket holder's name and contact information.
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Collect stubs for all tickets sold and conduct the raffle at the announced time and place.
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Coordinate with the raffle winner and the car dealer to arrange for the delivery of the car.
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Reward volunteers with a post-raffle party to celebrate your success and strengthen ties to your organization.
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Tips & Warnings
Consider selling tickets online, especially if your organization already has a website. Consult a lawyer first, however; some states prohibit online raffle ticket sales.
References
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- Photo Credit car image by bright from Fotolia.com
