Goodwill provides you with all the tax documents you will need for your car donation! Within approximately 2 weeks after your donated car has been sold, we will mail you a letter to let you know the selling price.
If the vehicle sells for less the $500 – You are eligible to deduct the fair market value of the vehicle up to $500. If the vehicle sells for more that $500 – The letter will inform you of the final selling price. This will be the amount you are eligible to deduct.
License Plates. Goodwill does not need the license plates from your donated car. Here are a few tips about handling your donated vehicle’s license plates. If you keep your vehicle parked on the street, we recommend that you leave your tags on your vehicle until the day of pickup.
If the vehicle is parked on your property, you may remove the tags before the pickup. Contact your local Department of Motor Vehicles (DMV) after your vehicle is picked up to cancel your registration. You can use the pickup receipt as documentation that you donated your car.
You can call us at#N#937-228-AUTO#N#937-228-AUTO (2886) or you can donate your vehicle online.
Preparing the vehicle title for donation can be somewhat confusing, so we will walk you through it step-by-step. The Goodwill Auto Auction representatives are extremely knowledgeable about auto donation and can answer any questions you many have. Please have your vehicle title handy when you contact us.
Prior to donating your vehicle, you may want to take one last look through the interior and in the trunk to remove personal items and items with your name and address on them. In addition, please remove the license plates prior to donation. Donating your car, truck, boat or RV to Goodwill is a generous gift.
Goodwill will send you a letter after the vehicle is sold, telling you the amount we received for your vehicle. This information can attach a copy of the letter to an income tax return for proof of donation. Under new tax laws effective in 2005, you may claim the actual amount for which the vehicle sells at auction.