Colorado Used Vehicle DonationsCar donation programs in Colorado have become more accepted over the last few years, as a greater amount of charities within CO are participating in used car donation programs. Many charities might accept a unwanted vehicle whether it runs or not. Other car donation programs however will only pick up vehicles in decent shape. When making a decision to donate a used car or truck, you might need to get ahold of the local branch of a chosen non-profit to discover the types of automobiles the charity will accept.
Several charities in Colorado outsource car donations to middleman car donation specialist. These third party companies are responsible for managing the car donation procedure. These companies provide a check to the non-profit after taking their expenses. Some larger organizations have internal car donation program. It doesn't matter if you choose a organization that works with a car donation firm, or has an in-house donation program, you should find out what percentage of the gross funds from the sale of the vehicle will go to achieving the mission of the charity. You will also need to get data on if the of funds are used to help those in your area.
Choose Your City to Donate Your Car in CO
- Colorado Springs
- Fort Collins
- Grand Junction
If your city is not shown above, you should click on the city that is closest to your home. A large percentage of charities with vehicle donation programs will tow your non-running car with no charge, even if it is far away.
Donating an Unwanted Car in ColoradoColorado has quite a few not-for-profit organizations which provide auto donation opportunities that help provide funds for neighborhood charitable groups inCO. For many people helping local citizens is their primary concern. When you are looking to help a charitable organization in your area, you will want to call the closest office by phone and find out if the old car you donate will indeed help the nearest branch within your city.
Top Auto Donation Charities in Colorado
Tax Deductions for Donated Cars - ColoradoIf you decide to donate an unwanted car or RV in Colorado, you are allowed to take a tax deduction for the price the car or other vehicle sells for at auction. When the charity sells the donated vehicle for more than $500, you should be mailed a receipt that allows you to deduct the actual amount of your car or truck on your yearly return. If donated auto doesn't have a sales price of at least $500, the IRS will allow you to determine the fair market value on your own. This value can be described as the amount an individual would pay for the vehicle. When donating your old car or other vehicle in Colorado, your selected charitable organization gets paid for the unwanted auto and uses the money to help with the charitable goals. For the donation, you get rid of the unwanted vehicle and you also get to take a tax deduction. This is a great opportunity for both you and your favorite charity.
Quick Tips About Auto Donations
When you donate an old car or truck to your favorite charity, you will need to get a receipt for the selling price in order to claim a deduction on your tax return.
What to DonateColorado charities often welcome the vehicles below.
- Fifth Wheels
- Cargo Vans
- 4 Wheelers
- Mini Bikes
- Construction Equipment
- Industrial Machines
- Dune Buggis