Cars Donation Process

Charity organization except your vehicle (car, truck, RV, boat, or plane) in any condition, running or not. Because it still can be sell.

Once they receive your information, they will make an initial determination whether your vehicle may be suitable to be used as a “program car” (to be provided to a client) or whether the vehicle will be sold at auction or for salvage.

What If Your Vehicle Is To Be Sold? If your vehicle is not suitable to be a “program car”, they will mail you a letter stating that “your vehicle does not meet our criteria to be a program car and will be sold”. This letter may be used for tax purposes for you to value the donation up to $500, it serves as your receipt. Once the vehicle is sold, if the gross sales price is more than $500 you will be sent an additional receipt within the next 30 days of the sale that will include the sales price that you must use to value your donation.

When to schedule The Vehicle Pickup? One of their towing companies will contact you to schedule a convenient time to pick up your vehicle at no charge. As I said in my older post, this will reduce your donation value, because there are some expenses that charity organization must pay to this towing company for towing you car donation.

What is Program Vehicles? If your vehicle is tentatively accepted to be used as a “program car” they will mail you a letter stating that “based on the information that you have provided regarding the condition of your vehicle, your vehicle (car-boat) may be used in our program and will be provided to a disadvantaged person. (Included in this letter will be a summary of the condition of the vehicle that you are donating. If there are any disagreement please contact us immediately.) If the condition of the vehicle has been surely conveyed to our representatives, then your vehicle will be used as a “program car” and will be provided to a client and they will send you a receipt (within 30 days of the pick up) stating that you may deduct the “fair market value” of your donation.

How is Determining “Fair Market Value”? According to the IRS, the donor, must determine the value of their vehicle donation (not the recipient charity). If you confused how to determine it, assistance in determining the “fair market value” can be found at www.kbb.com Kelly Blue Books’ website. The Donors that valuing their donation in excess of $5000 must acquire an independent appraisal.