Donating a Car in Seattle
KUOW Car Donation being a non-for-profit organization can take car donations from entities like Charitable Auto Resources Inc (CAR), this is a Company based in San Diego California that will Donate Car to Charity Seattle, CAR has donated millions of dollars for companies like KUOW.
When you donate your vehicle though CAR, KUOW Car Donation Program will get 70% of the net sale value of the vehicle, if your vehicle is too old or is incomplete, it might be sold for the parts to a local junkyard or auctioned at a lower cost. Even thou the value of the vehicle can be higher though a private buyer, KUOW appreciates the donate of your car that continues to drive NPR Vehicle Donation Program like KUOW.
The car you are planning on donating doesn’t have to be running, but it is necessary for the engine to be in the vehicle for the company to tow it, also if the car location is too far, they might decline a donation and some vehicles are too rusty or are made of non-recyclable materials that the company declines your car donation.
When you donate a KUOW Car Donation it is needed for you to have a signed title, this title needs to be under the name of the person making the car donation and it need to be under the name of the person who is making the donation.
If you don’t have the title, you lost it or was stolen, then you need to request a duplicate from your state, then contact KUOW when you are ready.
You will get a receipt from the tow truck driver when the vehicle gets picked-up. This is not the receipt to present to the IRS for a tax deduction on you car donation, this is only an acknowledgment that includes the name of the donator, the year/make/make and the condition of your car donation.
You will receive the final acknowledgment of you vehicle donation by mail, this acknowledgment will include KUOW Car Donation federal ID number, it will take up to 30 days for such car donation acknowledgment to arrive. It will contain an statement of the final sale price of your vehicle, the value of the proceeds received from the sale of the car, this will be your receipt for you to present the IRS indicating your car donation to KUOW Car Donation charity.
Since the changes in the donation law in 2005, when the donor claims more that $500, then the donor will be limited to the sale gross proceeds of the sale of the vehicle.
If your vehicle is valued over $5,000 you will only be able to claim from the proceeds received from the sale of the car.
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