Your tax deduction is based on the sale price of your car. At Kars4Kids we work hard to sell your car for the best price which means more funds for our charity and a bigger tax deduction for you.
Donated cars are usually sold at auction.
Your tax receipt will be for the actual sale price of the car.
Your tax receipt will be for your determination of the fair market value of the car up to $500.
Using 20 years of data to assess your car’s worth, we leverage our large network of car buyers and auto auctions to ensure the optimal sale option for your car.
By keeping our process in house, we cut out the extra costs often incurred by other charities. This means a higher percentage of your donation goes to help the kids.
We’ll email your tax receipt as soon as your car sells. All the documentation you need right there in your inbox.
We’re an IRS-recognized national 501(c)3 organization so your donation is fully tax-deductible.
Highly recommend for someone looking for a hassle free way of giving back, and getting a nice write-off at the same time!
Join our 500,000+ donorsdonate your car today
You can check with your tax advisor or accountant to determine the amount of your benefit. The deduction is of value only if the donor itemizes his or her deductions.
IRS Guide to Car Donation Claiming your deduction Tax filing tips