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From old cars comes new hope.
Donate your old car today and
change a
life.
Vehicles for Change is changing lives. 73% of recipients obtain a better job in 6 - 12 months making an average increase in salary of $4,800.00 CLICK HERE to see the complete survey results.
Together we can help
get someone started.
1. Why should someone donate a vehicle to Vehicles For Change instead of another nonprofit? In short you will receive the greatest possible car donation tax deduction. For many of our car donations, they will be refurbished and provided to a worthy family to gain or maintain employment! If your car is in good condition and can be awarded to one of our worthy families, you will receive the fair market value for your car donation tax deduction. The exception in the tax law states that a donor can deduct the fair market value if the car is donated to a nonprofit who, as part of its mission, sells that car to a low wage family as significantly below market. Practically all other nonprofits in this region will sell your car at auction without ever seeing the vehicle. 2. My car is not in very good condition. Can I still donate my car? All car donations are accepted, delivered to VFC and reviewed by a "car professional". If the car is deemed to be in poor condition it will be sold at auction. Unlike most other nonprofits, VFC will place a minimum price on the car prior to sending it to auction. We will also make minor repairs, if deemed necessary and clean the car to assure the highest possible sale price. This is all done to create the greatest return for VFC and the highest possible deduction for our donors. 100% of the proceeds are used to repair other cars. 3. My car is newer and in great condition but it has a major problem. (a bad motor or transmission, etc)? The tax law also has an exception stating that if you donate a car that needs major repair, and the nonprofit makes that major repair prior to selling the car, the donor can take the fair market value deduction. VFC will make the major repair on a car of this type. The car will then be sold on our retail lot, Freedom Wheels, where 100% of the proceeds support the VFC program. The complete tax law can be found on the VFC website at http://vehiclesforchange.org/tax_regs.html. 4. Do I have any liability after I donate my car? It is very important that when your car is picked up by our tow company that you sign the title as the seller and print Vehicles For Change as the buyer. This will help assure that no other individual or organization can receive your car. At that point your car has officially been transferred to VFC. You have no further liability after you have completed this phase of the car donation process. If you are a Maryland resident please make sure you remove your tags and return them to the MVA prior to dropping your insurance. 5. How many of the donated cars actually go to low-wage families? In essence there are 3 different types of cars that are donated to us. 1. Keepers - A car in good condition that can be repaired and put in very good condition for under $800 (our cost). This is a our car experts feel will provide at least 2 years 24,000 miles of reliable service for our recipients. 100% of these cars are provided to one of our worthy families. This is typically 1 in 3.8 of all donations. 2. Cars that do not meet our reliability standards. These cars are sold, usually at wholesale prices. 100% of the proceeds are used to prepare cars for families. These funds along with the funds from our retail lot, Freedom Wheels, generate 30% or our operating funds. VFC does place a bottom line price on the car so as to generate the greatest possible amount for us and the highest possible deduction for our donor. 3. Cars that are either "luxury" or need major repair and otherwise in great condition and newer models. These cars are repaired and sold on our retail lot, Freedom Wheels. Again, 100% of the proceeds are used to prepare cars for worthy families. As noted above this is part of our 30% of our operating funding. This is typically 1 in 10 of all car donations. This option provides VFC with a source of operating funds and provides our donor with the highest possible tax deduction. 6. Is there much paper work involved? No, to donate your car you can complete the online donation form or call us at (800) 835-3821. The call will take 10 minutes. You will need the VIN number and number of miles of the car. 7. How can I receive a car donation? Recipients are identified through VFC partner sponsoring agencies. Recipients must live in counties financially supporting the VFC program. You can call (800) 835-3821 to find out if you live in one such county. Also review the recipient requirements to see if you qualify for a car donation. 8. Why do you ask for a social security number? The IRS now requires us to collect your Social Security Number for tax reporting purposes. This information is kept confidential, however it is required for us to process the car donation. You can still donate your car and not provide your SS number. We have no way of knowing how that will affect your ability to deduct the car donation. 9. Does VFC accept all cars and trucks? Yes all cars are accepted. Please see the answer to question number one as to how the cars are used. 10. Does VFC accept any other vehicle donations? Yes, VFC accepts boats, RV’s and trailers. These are accepted based on the overall condition of the vehicle. A VFC team member will typically review the vehicle prior to acceptance. 11. From what region will VFC accept a car donation? VFC will accept a car donation in most all sections of Maryland, Virginia and the District of Columbia. VFC will travel to most other areas of the country depending on the quality of the car. The demand for cars outweighs the supply so we will go to extremes to assist our worthy families. That means have cars picked up most anywhere. 12. How else can I help? I do not have the ability to donate a car, but I would like to help. |
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