car donation
Frequently Asked Questions
Q: Why donate to Charity Cars instead of the “other guys”?
A: The “other guys” are almost always for profit companies running a car donations program for one or more charities. Usually the for profit company retains the lion’s share of the proceeds of the sale of the vehicles at auction, with the charity receiving in many instances, less than 10% of the donation. Charity Cars, Inc. is a 501 (C) (3) non-profit charity and the first charity of its kind in the nation that is dedicated to actually providing these donated vehicles to needy families. Vehicles, which are not provided to recipients, are disposed of at auction or salvage and 100% of the proceeds goes to Charity Cars, Inc.
Q: Will there be any cost to me?
A: No. Charity Cars will pay for the cost to tow your vehicle donation.
Q: What can I donate?
A: Cars, vans, trucks, RV’s, boats, heavy equipment, and real estate, as long as you have clear title and the vehicle is whole (not stripped of doors, hoods, etc.)
Q: Can I donate a vehicle that hasn’t run in years?
A: Yes! Charity Cars will accept whole vehicles in any condition (Exceptions include older vehicles whose value would not offset the cost of towing)
Q: How long does it take to get my vehicle picked up?
A: The same day you provide our donations representatives with your information, we will contact our towing service which will phone you within 24-48 hours to establish a convenient time to pick up your vehicle
Q: Can this process be expedited?
A: In most instances, we are able to accommodate you if you need to have your car picked up sooner. Just explain the situation to our donation representative.
Q: Is Charity Cars a non-profit organization?
A: Yes, Charity Cars, Inc. is a 501 (c)(3) non-profit corporation FED ID# 59-3362703.
Q: Is my donation tax-deductible?
A: Donations to Charity Cars, Inc. are tax-deductible, but as with all questions pertaining to your specific tax situation, you should consult your tax-advisor.
Q: How does the new tax legislation affect how I value my donation ?
A: Under the old rules, when you donated a vehicle to a charity, you could value the
donation at the “fair market value.” This year, if you donate a vehicle
to charity, you are limited to the sales price if the vehicle is sold, unless the charity
uses the vehicle in its mission. If Charity Cars provides your vehicle to a struggling family,
then you can still deduct the full “fair market value.” According to the IRS, the donor,
not the recipient charity, must determine the “Fair market value”
which the IRS describes as the price that a willing buyer and a willing seller would
agree to if neither were pressured to do so. Assistance with vehicle values can be
found at Kelly Blue Books website. (Use private party value as a guide)
Q: Where do you pick up vehicles?
A: Anywhere in the US.