donating vehicles?

[MoparMike]

What is the deal with the new way of doing this? Can I expect to get a tax write off at least near what the car is worth?

 

[Birdie2000]

I've heard you can be pretty generous when determining the value of your car when donating.

 

[SSunset]

I've heard you can be pretty generous when determining the value of your car when donating.

Now exactly what condition does the car have to be in?

 

[ShadowRuleZ]

They changed the law, you get to write off what it's auctioned off for. Now some places like charity motors, which is a used car lot and not an auction, claim you can put down KBB, but I don't know how that works.

 

[MoparMike]

Anyone have a website or phone number for Charity Motors?

 

[moneypit]

you get selling price not book value, what kind of car?

 

[MoparMike]

I guess I should have mentioned that...

1996 Dodge 2500 Conversion Van
5.2L
Tow Package
Leather, TV, VCR, Dual radios, etc....
Has about 50,000 miles

It is my parents' and it has been sitting in the driveway doing nothing for awhile now, I keep telling my dad to sell it, and he thinks it would just be better to donate it.

 

[moneypit]

Does it run? ill give you more then you would get tax deduct

 

[MoparMike]

Yea, I started it up last time I was down state.

 

[ShadowRuleZ]

http://www.charitymotors.org/

 

[ShadowRuleZ]

Car Donors can still claim fair market Blue Book value when donating to Charity Motors for all those vehicles that are determined not to be scrap and are used in Charity Motors’ special transportation assistance program to help the underprivileged with transportation. The fair market value cannot exceed the private party value listed in any Blue Book.

313-255-1000
888-908-2277

Best bet is to call and see what they say.

 

[moneypit]

313-255-1000
888-908-2277

Best bet is to call and see what they say.

thats is they USE the vehicle if they sell it you can deduct what they sell it for , call you tax guy not the charity