Donate Car Phoenix Arizona AZ

Environmental Benefits - Pheonix Vehicle Auction Sale Price - Tax Information

Environmental Benefits How does the environment benefit? There are many reasons why one should donate their car, one being the many environmental benefits. By removing sitting vehicles from neighbourhoods and back yards it helps keep our environment clean and safe. Also by refurbishing and re-selling these vehicles you’re keeping them out of landfills and junk yards which helps minimize pollution and waste.

Phoenix Vehicle Auction Sale Price

How much are vehicles selling for in Arizona?

Here is a list of just a few auction sale prices in cities across AZ:

Tax Information

How much can I deduct on my tax return?

As of 2005 the procedure for deducting charitable car donations on your tax return has changed. It has become more simplified and uniform. According to the new IRS tax law (IRS Publication 4303) there are two circumstances that will dictate how you will deduct your car donation. Both of them rely on the sale price at auction:

• Should your car sell for over $500.00 at auction you may deduct the sale price on your tax return. This is very attractive to donors with vehicles that are in good condition and vehicles that have a high selling potential.
• Should your car sell for under $500.00 you may deduct the fair market value as long as it is under $500.00.