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Donate any Car or Vehicle to Charity Car Donation.
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Curious about how much your car donation might sell for?

We have good news. Cars that are in good shape
tend to sell for a good price at auction.

Thanks to the new tax law, the IRS has taken the guesswork out of how to determine the value of your vehicle.

Beginning January 1, 2005 you may deduct the full price we receive for the sale of your vehicle. This greatly simplifies the process for you in several ways.

Under the new law, if your vehicle sells for more than $500 then the following applies:

  • If your vehicle sells for more than $500 you’ll know exactly the amount you may deduct, eliminating guesswork. Thus you no longer have to research and come up with an estimate of the fair market value of the vehicle.
  • The selling price of your vehicle becomes its fair market value and is what you can deduct on your tax return in most cases.
  • This also eliminates the risk of you getting into trouble by overstating the value of your deduction on your tax return.
  • This saves you both time and risk.

If you car sells for $500 or less at auction, you may deduct what you determine as the fair market value of your vehicle or the amount the vehicle sold for, whichever is less, and as long as that figure is under $500.00.

We have prepared a table showing many the selling prices for vehicles sold that are in good shape:

 

Make Model Year Condition Sold at Auction for
Jeep Cherokee '95 Non Op $1150
Honda Accord '94 Fair $2150
Nissan Pathfinder '89 Good $800
Mazda B2200 '89 Fair $450
Audi 100 '92 Fair $1100
VW Jetta '99 Non Op $2750
Chevy Malibu '98 Good $1850
Ford Focus '01 Non Op $2100
Saab 900 '90 Fair $900
Dodge Intrepid '00 Non Op $2900
Honda Civic '91 Fair $625
Honda Civic '95 Non Op $1300
Jeep Wrangler '88 Good $2250

The New Tax Law of 2005 provides many benefits to donors. One of which is that the sale of the vehicle at auction if over $500.00 will be the amount that the donor can deduct on his tax return. Thus if you have a vehicle that is in good shape and running condition it is more likely to sell better at auction and in turn provide you with a higher tax deduction.

Increase the Sale Value of Your Vehicle

Take matters into your own hands and discover what you can do to increase the sale potential of your vehicle at auction!

Click here to find out more

How much vehicles are selling for in your state?
Click on a state below:

  • Arizona
  • California
  • Connecticut
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Maryland
  • Massachusetts
  • Minnesota
  • Missouri
  • New Jersey
  • New York
  • Ohio
  • Utah
  • Washington

Or check out the following citites:

  • Phoenix
  • Fremont
  • Chicago
  • Boston
  • Manhattan
  • Atlanta
  • Jersey City
  • Seattle

How much boats and trailers are selling for across the U.S.?

Donate Boat - Auction Sale Value

How much motorcycles are selling accross the country?

Donate Motorcycle - Auction Sale Value

 

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