Frequently Asked Questions
 

Q. Can I still claim fair market Blue Book value?
A. Charity Motors, Inc. is recognized by the Internal Revenue Service under Internal Revenue Code Section 501(c)(3) as a charity qualified to receive tax-deductible contributions. As a donor, you will receive a receipt stating you are eligible for a tax deduction in the amount of the fair market value of the vehicle donated. A fair market value deduction is allowed as Charity Motors' acknowledgement certifies that they intend to sell the vehicle to a needy individual at a price significantly below fair market value and that the sale is in direct furtherance of its charitable purpose of relieving the poor and distressed or the underprivileged who are in need of a means of transportation. The fair market value deduction determined by the donor is eligible to be included on the individual's Form 1040, U.S. Individual Income Tax Return, Schedule A - Itemized Deductions as a charitable contribution. The donor must take into account certain limitations on charitable contribution deductions. All donors should consult their tax advisor to discuss their specific tax situation.

Q. Is Charity Motors a tax-deductible organization?
A. Yes.  Charity Motors is a 501(c)3 organization and has been approved by the IRS to receive donated items and issue a tax-deductible donation receipt for donated items.

Q. Is Charity Motors licensed?
A. Yes.  Since its inception, Charity Motors has been licensed to solicit and sell donated items.

Q. Does the vehicle title get transferred out of my name?
A. Yes.  Charity Motors is just one of a few car donation programs that has a dealer's license.  With this license, Charity Motors is able to transfer the title out of the donor's name in accordance with the state laws.

Q. Do I have to designate from a certain list of charities?
A. No.  You can pick any 501(c)3 organization to receive the proceeds from your donated item.  For example, you could choose a church, private school, human service organization, civic or cultural organization, medical foundation, etc.  Charity Motors has supported several thousands of different charitable organizations.

Q. Does Charity Motors take other items besides vehicles?
A. Yes.  We accept boats, motorcycles, RV's, camper trailers, and in some cases we will also accept real estate.

Headquarters: Satellite Office:
Detroit, MI Dallas, TX
313-255-1000 214-630-0044
888-908-2277 972-CHARITY  
 
"Currently giving away over $40,000 a week to over 1,000 worthy organizations."

Do you have Questions? Contact Charity Motors.