Car donation to charity?

If you go this route, the car will basically go to a wrecker, who will use it for salvage, either as scrap metal or parts. Only the very newest cars donated are resold. The wrecker gets to assess the value of the car, and that will generally be quite low, maybe a few hundred dollars.

To get maximum donation, sell the car yourself, either on craigslist, or to a wrecker directly. Then donate the cash to the charity of your choice.

There's a non-profit called Give2Kids (American Children's Cancer Association) where you can receive a $200 VISA Gift Card and a vacation voucher, when you donate your car NJ to them (or in any other state):

http://give2kids.com/donate-your-car-NJ.htm

They use income generated from the car donation NY to assist families with children with cancer pay for, obtain the healthiest, most effective alternative treatments.

They will also provide you with a tax write-off.

motor vehicle Donation. in case you donate a qualified motor vehicle to a qualified company and you declare a deduction of greater beneficial than $500, you may deduct the smaller of: * The gross proceeds from the sale of the motor vehicle with the aid of the corporate, or * The motor vehicle's elementary marketplace cost on the date of the contribution. The donation deduction is itemized deduction, that's stated on time table A (type 1040). you will take deduction provided that your itemized deductions are greater beneficial than your ordinary deduction. subsequently many tax filer are not getting any deduction for donations.

http://www.onlinecardonation.com/ accepts wrecked vehicles, and provides you a $500 minimum write off amount.