Frequently Asked Questions about
Donating Your Car
General Questions
What are the benefits
of donating my car to WHQR?
WHQR benefits by receiving a cash donation to fund new
and existing programs and increase community awareness through local events.
You benefit by being able to reduce your taxable income when
taxes are itemized. Plus you avoid the costs associated with selling your car.
No need to pay for advertising, no loss of privacy and possible security risk,
and no need to pay for vehicle registration, insurance, and repairs to keep
your car in running condition while you wait for a buyer.
Does my car have to
be running to donate it?
In some cases we can take your car, running or not. However,
it must have an engine and be tow-able. Contact a representative at 877-537-5277 or www.charitableautoresources.com to find out if your vehicle qualifies for pick-up.
Do you only accept
cars for donation?
Many types of motor vehicles are accepted including boats, motorcycles,
trucks, and cars. If you are uncertain as to whether or not your vehicle is
eligible, please contact the vehicle donation program toll free at 877-537-5277.
How long will it take
to pick up my vehicle?
We make donating your car as simple and convenient as
possible. In many cases, vehicles can be picked up the same day. Call our representatives
at 877-537-5277.
Do I have to be with
the vehicle at the time of pick-up?
No. Special arrangements can be made by calling our
representative.
What paperwork do I
need?
The only paperwork needed is a signed, clear title (pink slip). Have your title with you when you
call-in your donation. [Please note: a clear title indicates the title
is in the name of the donor without a lien].
Do I need a smog
certificate in order to donate my car?
For states that require smog certificates or safety inspections,
you may donate your vehicle without these documents.
What if I receive
legal notices?
In the rare event that you receive any notification of a
lien sale, DMV actions or other activity related to your donated vehicle,
please contact us at 877-537-5277 immediately for assistance.
Tax Questions
How does the new law
effect my tax deduction?
Donors are no longer responsible for determining the
deductible value of their donation. Instead, they will receive IRS Form 1098-C,
Contributions of Motor Vehicles, Boats, and Airplanes if the proceeds from the
sale exceed $500, stating the amount of the gross proceeds from the sale of the
donated vehicle. The amount listed on IRS Form 1098-C, Contributions of Motor
Vehicles, Boats, and Airplanes will be the gross proceeds of the deductible
donation.
Will I get a tax
receipt for my donation?
Yes, our driver will issue a receipt at the time of pick-up.
This is not your final tax receipt unless the sale of your vehicle does not
exceed $500. This initial acknowledgement will indicate your name as well as
the year, make, model and condition of the car you are donating. It will be
your only receipt if your vehicle sells for less than $500.
An IRS Form 1098-C, Contributions of Motor Vehicles, Boats,
and Airplanes will be mailed to you within 30 days of the sale stating the
amount of gross proceeds received from your car, provided your vehicle sold for
more than $500. This will be your tax receipt for your charitable contribution.
How is the value
determined on the vehicle donated?
The value is determined by the gross proceeds raised from
the sale of the donated vehicle. You no longer have the burden of determining
the value yourself.
Does the new law
affect WHQR?
WHQR has additional paperwork in reporting the gross
proceeds raised from the sale of the vehicle to the donor and IRS. The process
of obtaining the cash donation from the vehicle remains the same.
What can I claim as a
deduction?
According to the tax law effective January 1, 2005, if the
claimed value of the donated vehicle exceeds $500, the taxpayer is limited to
the gross proceeds of the sale.
What if my car is
valued over $5000?
Effective January 1, 2005, you are no longer required to
have vehicles appraised. The value you may claim will be the amount of gross
proceeds received from your vehicle.