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Donate Your Vehicle
Wheeler accepts donations of cars, trucks, vans, mini-buses,
boats, tractors, and heavy construction equipment. Sorry --
we draw the line at trains. For tax deduction information
about such donations, skip to the bottom
of the page.
To donate any vehicle, please
email or call Steve
Kerr at (317) 635-3575 first. To donate a car, van, or
truck, here's what you need to know:
- Wheeler can accept any such vehicle, running or not.
- The person who owns the vehicle, possesses a clear
title, and has the keys should be the one who calls.
- Some vehicles will be put into the service of the
ministry right away. (Camp Hunt, for instance, currently
has a need for a 4x4 pickup truck.) You may deliver your
vehicle to us, or if it is in the Central Indiana area,
we can arrange to pick up your vehicle.
- Vehicles that could not be used for ministry will be
sold at auction. Wheeler and another organization,
Volunteers of America, work together on this class of
vehicles. When you coordinate your donation through
Wheeler, Volunteers of America will pick up the vehicle,
and the two organizations will split the proceeds of the
auction.
- You will receive the kind of receipt you need for a
tax deduction
Tax Deduction Information:
Wheeler is a qualifying 501(c)(3) charitable organization
and according to the IRS, you can deduct the fair market
value of your vehicle when you itemize your deductions.
How do you estimate the fair market value? First of
all, don't ask us to do it: we're not allowed to. But
IRS publication 561 offers this advice: Say "the 'blue
book' value of a car like yours is $1,600 in good condition.
However, your car needs extensive repairs. After checking
with repair shops and used car dealers, you find that the
car should sell for $750. You may use $750 as the FMV of the
car."
There is no limit on how many vehicles you may donate during
a year, but if the fair market value of the vehicle(s) is
$5000 or greater you must file the
IRS Form 8283 with your tax return.
Here are some links to the
Kelly Blue Book
and the
NADA Guide to get you started. It's also wise to compare
your vehicle to similar ones for sale in the area; check out
cars.com,
and/or
AutoTrader.com to see what price yours is bringing.
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