Be Familiar With The Worth Of Your Car Before You Decide To Donate It

You can rely on us to make your vehicle donation easy and hassle-free. We offer many car donation services.

However before you make your vehicle donation it’s vital that you know the worth of the vehicle that you’d like to donate. There are many internet resources for determining the fair market price of your auto donation. Checking the “blue book value” will present you with guidance on the standard worth of your donated vehicle, but you should also look into the overall condition of your respective automobile donation when donating to charitable organization. ‘Your vehicle donation is tax deductible and will fall under one of these categories:

1. For low value car donations you may claim the fair market value as much as $500.00 without the need for extra forms besides the receipt we will provide at the time of the pickup.

2. In case you donate an automobile that is truly worth more than $500.00, your deduction will be restricted to the particular sale price of your car donation. All proceeds may benefit Activated Ministries, a 501(c)3 Christian charity. If your donated car is offered for sale for over $500, we are going to provide a receipt stating the overall sale value of your automobile within 30 days of the sale of your donated car. We’ll work to get a high price for your auto donation, however a lot of vehicles are sold “wholesale” at auctions, dealerships etc. and are generally often sold for less than the Kelly Blue Book value.

3. For automobiles that are in safe and excellent working order that we can specifically use for our charitable projects or if we can considerably enhance your car before it’s sold then you may generally claim your automobile’s fair market value. If your own contributed vehicle is utilized by Activated Ministries for our charitable uses or if it’s improved upon prior to sale, we’ll offer you with a receipt specifying this exception so you can receive the fair market price of your auto donation.

If you entrust your vehicle to a trusted car donation organization, there’s no hassle with a dealer over the trade-in value and you also don’t need to spend money attempting to fix your car. You’re eligible for a tax break. You may feel great about helping a worthy cause. And, you’ll have your automobile towed away at no cost. These are just a few of the many reasons why individuals give cars to us. No wonder many individuals who would never think about donating hundreds of dollars in cash to a charitable organization gladly turn over the title of their car to us, saving themselves the inconvenience and cost of selling it on their own.

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