Claiming More Than Wholesale Auction Value When Donating a Car to Charity
It is unfortunate that while so many charities accept non-cash gifts such as donating cars, stocks or durable goods, very few of them handle this task themselves. This practice, involving a partnership of for-profit companies who manage the towing and paperwork with the charity itself, often result in a perfectly good car (though it may need some minor work) being sold at a wholesale auction.