Donating A Car To Charity

New IRS rules that took effect on January 1, 2005 indicate that the tax deductions a donor can make when donating a car on behalf of a registered charity may be limited to the price attained by the charity once the used car donation is sold.

Charity Obligations for Used Car Donations

For many registered charities a used car donation is an important means of raising much-needed funds for their charitable efforts. Net proceeds from your used car donation will only go to a registered charity that is tax-exempt and eligible to receive a tax-deductible contribution.

Car Donation To Charity is a processing agent licensed to accept your charitable car donation on behalf of the Cancer Fund of America. Our car donation program only deals with registered, not-for-profit Charitable Organizations.

Tips For Donors Making A Car Donation - Used

Generally, people who wish to donate a car sincerely want to help out a good cause and making a used car donation is a great way to avoid the obstacles of selling or disposing of an unwanted vehicle. Often, used car donation donors choose to make a charitable car donation because even though they may have recently done a lot of work and put money into repairing their vehicle, dealers will often offer zero or next to nothing as a trade-in allowance when a person is trying to trade in their vehicle.

Since the car donation (used) is required to have a value affixed to it, we advise donors of charitable car donaitons to take a picture of their vehicle to verify the car's value. We also recommend that donors retain any receipts they may have for recent work or upgrades that may have been recently done to used car donation (such as new tires, transmission, parts, etc). If your charitable car donation is worth more than $5000 you may need to have an appraisal done to determine value.

As a donor you will receive a tax receipt for your charitable car donation from the registered charity, that may be claimed on your itemized tax return. Please check your eligibility with your tax accountant.

How Donating A Car To Charity Works

Charities are not in the position to act as used car repairmen or salesmen. The fixed costs associated with the charitable car donation business are fairly high. As a used car donation processing agent, Car Donation To Charity incurs all those operating expenses from advertising (to reach the people for used car donations) to vehicle towing, vehicle repairs and maintenance plus sending charitable car donations to auction.

People making used car donations genuinely want to help and the charity themselves do not have the time, manpower or resources and are not in the business of towing, fixing and selling cars. The charities themselves simply wouldn't be able to administer these types of charitable car donation programs.

Charity Fundraising Through A Car Donation Program

As a used car donation processing agent, Car Donation To Charity operates the car donation program, acting as the fundraiser for the charity Cancer Fund of America. As the fundraiser, we assume all the risk and many times will absorb a tremendous amount of expenses. The goal is to prepare a charitable car donation for auction in hopes of garnering a profit so that the charity will receive much-needed funds that it wouldn't otherwise obtain.

For a non-profit charitable organization like the Cancer Fund of America, it is a win-win situation where they receive greatly needed funds through our car donation program that they may not otherwise have access to.

Car Donation To Charity is a processing agent for used car donations. We guarantee that the charity will not lose money. Once charitable car donation has been picked up, repaired and prepared for sale, all donated vehicles are sold at auction, which is the only reputable way we do it. We then split the net proceeds from the used car donatioin down the middle with the charity.

For more information about our car donation program please call Car Donation To Charity Toll-Free at 1-877-348-5604 any day of the week. To make an online used car donation please complete our Car Donation Form. Thank you.