What Happens When You Give To A Donate Car Green Bay Charity

Many people in Green Bay, Wisconsin, would want to donate their old vehicles. As a result, there are now a number of donate car Green Bay charities available as well. Charities in Wisconsin like this one (http://www.rawhide.org), have set the standard in terms of how to make a donation, and the process is easier than ever. But what happens with your donated car after the charity has picked it up? That all depends on the charity itself.

Donate Car Green Bay Charity Can Sell Your Car Directly

One of the most common ways for a charity to handle your donation is to sell it directly. Usually, they work with auction houses or even online auction sites to sell the vehicle. If the car is no longer running, they may sell it directly to the scrapyard, thereby allowing the car to be recycled. In this case, you can deduct the sale value from your taxable income at the end of the year.

The Donated Car Gets Fixed First Before It Is Sold

A second option is for a charity to fix your vehicle so that it is in a better condition, thereby enabling them to raise more money when it is sold. Sometimes, they will kill two birds with one stone by letting their service users fix the vehicle, thereby gaining valuable new skills. If this is what the charity does, you can deduct the fair market value at the point of donation from your taxable income, not the money raised when it was sold.

Donated Car Is Used by the Charity

Finally, the charity can use the car. They can donate it, or sell it at a significantly reduced price, to one of their own service users, thereby helping them obtain an education or employment or keep medical appointments, for instance. Alternatively, they can keep it for their own use, something that charities that deliver meals on wheels, for instance, are likely to do. In this case, you can deduct the fair market value at point of donation from your taxable income.

As you can see, there are different things that charities can do with the donated car. Most of the time, they simply sell it directly at auction, which is also the easiest for you in terms of your tax deduction.