You can write off the total value for which the car is sold by the charity from your federal income taxes.
The kind of charitable donation that might include a car as a prize is the kind that aims to get quite a large sum of donations. Giving the car as a prize may be a way to show appreciation.
You can deduct about 500 dollars through car donation
Car Angel (carangel.com) will do this anywhere in the country.
Charitable organizations that accept donations of used cars include Charity Car Canada, Donate A Car, Charity Navigator, and Canadian Diabetes Association.
There is no such thing as a tax credit for a car donation http://www.givecars.com/car-donation-claims.html
You can claim the charitable donation amount for the value of the car. The charity should provide a receipt with this amount listed.
You can still get a tax deduction for the donation of your old car. You will receive a deduction that equals the actual fair market value of the vehicle, and you cannot automatically receive the maximum allowance.
Charitable car donations can be a great idea if you have a vehicle to get rid of and you don't think you'll be able to get much for it in a trade or selling it yourself. Also, donating to a charity can be written off on your taxes.
Feed the Children, Children's Wishes, Unicef, DARE, and St. Jude Children's Research Hospital all accept charitable car donations. To find more organizations that do, one can go to the Car Donation Wizard website.
Here are a few benefits (do note the source's bias, however): http://www.onlinecardonation.org/car-donation-benefits.htm
There are several ways a person can donate a car in New York. The American Heart Association accepts the donation of vehicles. Wheels for Wishes also accepts the charitable donation of vehicles. Other organizations who accept charitable donations of vehicles can be located by checking with local human services departments.
Donation of a car is eligible for benefits as long as the organization accepting the vehicle is accepted and qualifies for review by being on the Government Charity Registry.