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Make sure you do a couple of things...
Posted by Wes (more from Wes) on Tue, 11 Dec 2001 17:22:15
In Reply to: Re: Anyone ever donate a car to charity?, DavidFromNY, Tue, 11 Dec 2001 14:48:05
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I donated an POS '86 Celica last year to Salvation Army. Very smooth transaction. However, make sure you cover your butt for the IRS. If you are estimating its value at less than $5000 then you do not need an independent third party to value the car. I assume that this is the case. You want to get the highest estimate so don't just look at Edmunds and BlueBook. Look in the newspaper or on autotrader.com for comparisons of similar cars for sale. They are often higher than the BlueBook value and print them out to keep for your records. Then take pictures of the car showing its good side in case the IRS comes knocking you're covered.
Wes
'86 900T
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