Car Donation How To In 5 Easy Steps!
We make donating your car, truck, RV or boat simple! Just follow these 5 easy steps:
Please be sure to read each step (listed below in detail) before donating your vehicle.
You can donate any car, truck, SUV, motorcycle, boat or RV that you own. To prove ownership, you will need to have the title for your vehicle, or we will be unable to accept the donation. For more information, please visit the links below:
Thanks to new tax law (in effect as of January 2005), the IRS has taken the guesswork out of determining the value of your vehicle. You may deduct the full price that we receive from the sale of your vehicle. This greatly simplifies the process for you, the donor, because you no longer have to research and come up with an estimate of the fair market value of the vehicle. This also eliminates the risk of you getting into trouble by overstating the value of your deduction on your tax return. You'll know exactly the amount you may deduct, eliminating guesswork, and saving you both time and risk.
You will receive a receipt at the time we pick up your vehicle, and as a follow up we will send you a second receipt later, as soon as we sell it, letting you know the exact amount for which it sold. That amount is your tax deduction.
If the age or condition of your vehicle is such that your tax deduction works out to be less than $500, you may use its fair market value instead of the sale price. For more information on determining fair market value for cars worth less than $500, click Car Value.
Complete the donation form with your vehicle information. Once we have received your form and reviewed your information, we will contact you to start the donation process.
Once we've reviewed your information, we will arrange to pick up your donated vehicle (where applicable; to determine if pick up is available in your area, please visit our State information page and click on your State name). Make sure you have the title in hand, or we cannot accept the donation. Before we arrive, make sure that you have cleaned all personal possessions out of the vehicle. Since most pick ups are done through a local towing company, make sure that you pass any special instructions on to Donate Car for Charity ahead of time.
We will give you a receipt for your donation, which you can then use to obtain your tax deduction. Read through the official IRS Information page for details on getting this deduction.