Raise Funds with a Car Raffle

Sometimes you want to do something big to help raise funds for your cause.  One way to help bring in fund is to hold a car raffle.  While this may require a significant upfront investment, it can also yield excellent results.  If you are considering holding a car raffle, here are some points to help get you started.

Raise Funds with a Car Raffle

Pick the Right Vehicle

In order to bring attention to your raffle, you need to make sure to select a vehicle that will get people excited.  Luckily, this doesn’t necessarily mean that you need to pick a new car, though that is an option.  The main goal is to create a car that feels like a dream come true, which is often just as much about the included features as it is about the make and model.

For example, a new top-of-the-line SUV is sure to capture a lot of interest, but so can a revamped sports car of yesteryear.  While going with a new car is unlikely to be a bad choice, it may be more of an investment.

If you can find a muscle car that is in reasonable shape, but needs some work, you may be able to customize it to appeal to a wide variety of potential ticket buyers.  You may also be able to work with local auto repair and customization businesses to see if you can get work performed on the car in exchange for adding them as an event sponsor.

Getting a fresh paint job, installing a new sound system with the best car amplifier and speakers you can find, and refinishing all of the interior surfaces can make an old car shine like new.  Just make sure to get all of the important parts under the hood working too, and you could find yourself with a dream car that didn’t cost a fortune to put together.

Organize Your Event

Whether this is going to be a one-day extravaganza, or a multi-day event, it is important to get organized.  You are going to want to advertise your raffle in advance in order to attract as many ticket buyers as possible.  Let your advertising focus on the cause being supported first, and the raffle prize second.  Many people are more likely to take the risk associated with buying a ticket if they know that, regardless if they win or lose, that the money supports a cause they believe in.

You do want to make sure and cover the unique features that make this vehicle desirable, so be sure and include bullet points of the specs that are particularly enticing.

Add Other Prizes

Having multiple winners can also help encourage people to participate, as they feel that their overall odds of winning have improved.  While the added prizes do not have to have values anywhere near that of the vehicle, consider adding second and third prizes that are highly desirable, such as popular electronics or sporting event tickets.  These items don’t necessarily have to be expensive as long as they are items found on most people’s wish lists.

Pick a Price

You will need to decide on a price for your raffle tickets based on the costs associated with pulling the event together, as well as being able to have a substantial donation in the end.  While there is no magic number, make sure that you are going to be able to easily cover your costs based on the number of people who are expected to participate.  In many cases, a ticket price between $20 and $50 may be ideal, depending on the area.