Contributing car to charity

My 96 OBW with 178,000 and a blown headgasket is no longer worth keeping. As I would expect very little if anything as a trade-in, can anyone recommend a reputable charity to give the car to. I am in the NYC area. Thanks. R--

Reply to
rajp53
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You could also part-it-out or sell it as a mechanics special or maybe advertise it on Subaru NGs. If your honest, the amount you can claim on your taxes as a deduction will be much less. I've read that the IRS is getting very luscious of car & boat deductions being too high and are pulling people in for audits.

Reply to
Edward Hayes

I donated my Saab a couple of years to the kidney foundation - they come pick it up with donated time from a local towing company. I am in SW CT, about an hour away from you - suspect they have a similar arrangement for NYC.

Remco

Reply to
Remco

Hi, Ed

After several years of investigating "vehicle donation deduction" claims, IRS has changed the rules for deductions on donated vehicles (eff 1-01-05): the vehicle is donated to the charity as always, the charity gives the donor a receipt for the car w/ no value listed, the car goes to auction, the auction house furnishes the charity with an accounting of how much the car sold for, and the charity forwards this info to the donor (and, IIRC, the IRS as well.) The actual amount the vehicle sold for is the deduction value now, not a "claimed" fair market value as before. Saves a lot of audit time!

Rick

Reply to
Rick Courtright

luscious?

Reply to
Nick Danger

Suspious

Reply to
Edward Hayes

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