Does my car have to be running?

Does my car have to be running?

Not always. It does have to have an engine and be towable.

Sometimes if the cost to transport a vehicle will cost more than what it will bring at auction, it may be declined.

What kind of paperwork will I receive?

You will receive a tow receipt when the vehicle is picked up. Thirty days after the vehicle is sold, you will receive an acknowledgement. If your vehicle sells for OVER $500 you will receive IRS Form 1098 B & C.

How much can I take for my donation?

If the value of the vehicle is over $500, the taxpayer is limited to deduct the amount for which the vehicle sold. In such a case you will receive a Form 1098 B & C within 30 days of sale. If the vehicle sells for under $500 you will not receive IRS forms as you are not required to file them for vehicle donations up to $500. Please consult your tax advisor to determine your benefit or for additional information, visit the IRS website at http://www.irs.gov/pub/irs-drop/n-05-44.pdf.

What will happen to my vehicle?

Your vehicle will be picked up by one of our courteous drivers and sold at auction.  Cars are usually sold within 30 days of pick up. Some vehicles may take longer.

Is there a tow fee?

No. If you are out of our towing range, we can offer you the option to drop the vehicle off at our auction house at your convenience.

Will I be notified when it sells?

Yes.  If the vehicle sells for over $500 you will receive IRS Form 1098 B & C. If not, you will simply receive an acknowledgement as required by the IRS.

Translate »