Does Charity Car Donation Still Make Sense Under Tougher IRS Rules?

(5 Comments)


When my aging Nissan Sentra began to need several hundred dollars' worth of repairs every few months, I considered donating the once trusty blue sedan to charity. I knew of several pet charities that would be grateful. Besides, donating a car seemed so much easier than selling it. No fixing it up. No phone calls. No Tom, Dick and Harriet knocking at my door — or standing me up on a Sunday morning as I waited for Godot.

The biggest incentive, though, came from the tax deduction. At the time, the IRS was allowing donors to deduct the "fair market ... Back to article

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By cardonationguy
on 01/24/11
8:59 AM PST

If your old car is running great there are lots of uses for it, but for those cars that aren't doign so well donation is a great option. When my transmission went out I donated my car. It was a solid car, but after I payed for towing and repairs I would be lucky to get what I got for donation.

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By donatecar
on 04/13/11
11:28 AM PST

I had an old Land Cruiser and I knew that someone would really get some enjoyment out of it yet. And although I hated to see it go, I decided to get the tax write off for car donation. Yeah, I was doing it for a deduction with the IRS but I really felt like I was helping out a lot. First off, it’s nice for the organizations to get an old car that they can actually use as a kind of a corner of the lot type vehicle to get people to look at their other cars. Hence I was helping even more! It made me happy!

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By donatecar
on 04/13/11
12:20 PM PST

I had an old Land Cruiser and I knew that someone would really get some enjoyment out of it yet. And although I hated to see it go, I decided to get the [URL=http://cardonating.org/tax-write-off-for-car-donation]tax write off for car donation[/URL]. Yeah, I was doing it for a deduction with the IRS but I really felt like I was helping out a lot. First off, it’s nice for the organizations to get an old car that they can actually use as a kind of a corner of the lot type vehicle to get people to look at their other cars. Hence I was helping even more! It made me happy!

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By accused
on 04/21/11
3:54 PM PST

No car donation doesnt make sense. You want the highest proceed there is none.Donor beware. I worked inside the auction they are crooks. The spirit of charity giving is trampled on. So what do you do Take it to a salvage yard or a distmantler. Tax donation are not meet there is insider going on.They hire vendors to devalue the condition of your giving the reports are false then they hire people to accuse inspector who go out to get high value for donors.

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By accused
on 04/21/11
4:07 PM PST

Send the vehicle to a distmantler I ve work for car donation inside auction and seen the abuse of the spirit of charity giving. They are ran by crooks.

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