A lot of people ask how the value of their donated car is determined
The value is dictated by the sale price in two different ways.
If your donated vehicle sells for $500 or less, you, the donor claim your assessment of the “fair market value” up to a total of $500. You write this donation amount [...]
Did you know that even if your car is not running, is really old, looks really bad it can still be worth up to a $500 tax deduction. That’s right. If you donate a car to a qualified charity ( all the ones we represent are) you will receive a Donation Receipt on [...]
Welcome to the Cars Helping America blog. Here you will hopefully find some useful information as it relates to Car Donations, Charities, Tax Laws. If you would like to Donate a car or would like to find out more information please visit our web site or call us. We will be more than happy to [...]