Donating Your Car: FAQs
What are the benefits of donating my car to Catholic Charities?
Catholic Charities benefits by receiving cash from the sale of your vehicle to fund our programs. You benefit by reducing your taxable income when you itemize. In addition, you save the costs and hassle of selling your car.
Does my car have to be running to donate it?
No. 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 1.866.688.GIVE (4483).
What about motorcycles, boats or RVs?M
any types of motor vehicles are accepted including boats, motorcycles, trucks, and cars, motor-homes, even airplanes. If you are uncertain as to whether or not your vehicle is eligible, please call 1.866.688.GIVE (4483).
How long will it take to pick up my vehicle?
In some cases, if we receive your call early in the day, a same-day pick may be available. A tow company will contact you within two to three business days.
Do I have to be with the vehicle at the time of pick-up?
No. Special arrangements can be made by calling our representatives, 1.866.688.GIVE (4483).
What paperwork do I need?
The only paperwork needed is a signed, clear title. 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].
What if l receive legal notices?
In the rare event that you receive any notification of a lien sale, DMV action, or other activity related to your donated vehicle, please contact us at 1.866.688.GIVE (4483) for immediate assistance.
How does the new law effect my tax deduction?
You 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.
Will I get a tax receipt for my donation?
Yes, you will receive an IRS Form 1098-C if the sale of your vehicle exceeds $500. If the vehicle does not exceed $500, the thank you letter that you will receive can be used as a tax receipt.
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. 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 if your vehicle sold for more than $500 and you have submitted your social security number. 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.
What if my car is valued over $500?
Effective January l, 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.