If a car’s private sale value is less than $1,000, it’s unlikely the charity will use it in is work.
- It will be sold by or for the charity, at auction or for scrap (at trade-in value or less).
- Once you factor in the dealer percentage, the charity will net little (if any) net proceeds from the car.
- The charity’s motivation for accepting the car might simply be to strengthen its link with the donor – in effect, the charity will be doing the donor a favor.
$1,000 is the minimum private sale value that will work in the Car Donation Calculator.
Posted in: Car Donations