
You can donate Cars, Trucks, Vans, SUVs,
Trailers, RVs, Campers, Classic Cars, Newer Motorcycles, Boats,
Jet-Skis, Airplanes, Construction Equipment, Farm Equipment, Stocks &
Bonds, Homes and even Real Estate.
ChristCars will
take care of all of the paperwork and title transfer requirements
associated with your donation, as well as provide free towing (in most
cases). Due to market conditions in certain parts of the country, and
distance to tow to our nearest facility, we may have to decline a
donation, or ask the donor to help pay for the towing.
Once we have taken
your donation information, whether by phone or e-mail, we will have
you make sure the Title is correctly signed. First, please make sure
that the Title is signed by the Registered Owner. The owner needs to
SIGN the title in the space on the front marked “seller “ or “owner”
EXACTLY as it is shown on the Title (Example: If the owner’s name is
John Q. Public, then he must sign exactly that way, not J.Q. Public).
The owner will also need to sign the back of the Title where it says
“seller “ or “owner” (once again, exactly as it is shown on the
Title). Next, please print “ChristCars” in the space marked “Buyer” or
“Purchaser.” We will also fax or mail to you, an odometer disclosure
statement and a limited power of attorney form, in case we have to
correct any mistakes on the Title or other paperwork. Please check
with your local State Dept of Motor Vehicles with any questions you
may have.
We will then
contact our towing service, who will call you to schedule a convenient
time to pick up your vehicle. Please leave the keys on the inside
floor of the drivers side of the vehicle. The tow truck driver will
pick up your signed title (unless you have already mailed it to us)
and the vehicle at the same time.
We will give you a
receipt for your donation, showing the date, your name and
address, along with the information about your donation, such as
year, make and model for vehicle donations.
The Tax
Deductible Donation Receipt will be mailed to you a few days after
your vehicle sells. The receipt should be kept as proof of your
donation. We recommend that you keep some photos of your donation and
any newspaper clippings of comparable car values/asking prices to use
as proof should the IRS request substantiation of your valuation. The following three paragraphs are
directly from the IRS website and contain relevant information
regarding donation: If you
claim a deduction on your return of over $500 for all contributed
property, you must attach a
Form 8283 (PDF), Noncash Charitable Contributions, to your return.
If you claim a total deduction of $5,000 or less for all contributed
property, you need only complete Section A of Form 8283. If you claim
a deduction of more than $5,000 for an item or group of similar items,
you need to complete Section B of Form 8283, which requires a
qualified appraisal by a qualified appraiser.
You will need to obtain and keep
evidence of your car donation and be able to substantiate the fair
market value of the car. If you are claiming a deduction of $250 or
more for the car donation, you will also need a written
acknowledgement from the charity that includes a description of the
car and a statement of whether the charity provided any goods or
services in return for the car and, if so, a description and estimate
of the fair market value of the goods or services.
References:
San Antonio Youth for Christ, Inc.
is a Chartered affiliate of Youth for
Christ USA, Inc, which is a 501 c) 3)
non-profit organization, as determined by the IRS. |