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April 21, 2006, Newsletter Issue #10: Watch out for differences among vehicle donation programs, and choose the one that suits your needs.
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Tip of the Week
While the IRS’s guidelines are quite straightforward on how to value vehicle donations made directly to charities or through vehicle donation services, individual charities and services may have limitations on what you can donate. Most vehicle donation programs have a set of charities to which the proceeds of cars donated through them will be directed. If you have a particular charity to which you wish to donate, you can check with that charity to find out with which service they have an agreement. Some vehicle donation programs only solicit and accept certain kinds of vehicles, or have stipulations about the conditions of the vehicle. If you have a non-operational vehicle, look for a vehicle donation service that will take vehicles in any condition. Be aware that you might have to make some trade-offs, if you have a non-working vehicle and want it to go to a specific charity. Nevertheless, you will find a reputable service to help you make your vehicle donation.
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