OT: Donating a car to charity

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Submitted by ctlmdjb on February 6, 2008 - 12:03pm

I've seen some car buying advice before on Pippington...I've got a 1996 Acura Integra with 145,000 miles on it. This year may be its last. I could trade it in (get maybe $1000), sell it (might be tough) or donate it to charity. Any advice on the way to go? We're in a pretty high tax bracket - how do they calculate the tax break you get for a charitable donation?

I want to buy new and drive it into the ground...something that has excellent mileage. Probably another Honda...any comments?

Submitted by nostradamus on February 6, 2008 - 12:13pm.

I donated a car to Jazz-88.3 They take the car and auction it. After the auction they send you a receipt, this is the amount of your tax deduction.

I drove a Honda CRV for 10 years (since 1998) and it was still running great but I wanted to sell it before it lost all value. I sold it in 3 days on craigslist. Then I bought this fun little Mazda. I want to try all the Japanese cars (so far Toyota, Honda, and now Mazda).

My first car was a Ford. My second, a Chevy. NEVER AGAIN!!!