American Foundation for Aging Research
 

Science  Research  Education

CFC #10315

 
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2008 Annual Report
 
2008 IRS Form 990  


 
 

Learn More

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Vehicle Donation

 
                              1-877-999-8322
 
                              www.v-dac.com
 
 
                          V-DAC is a totally free service
                           for donors and non-profits.

You are entitled to receive a Tax Deduction equal to what the vehicle is sold for by the charity if you itemize your deductions. If the vehicle is sold for less than $500, you can deduct the fair market value up to $500. You will receive a tax receipt stating what your vehicle sold for within a few days of the sale of your vehicle.

 When Should You Donate Your Vehicle?

Donate when your vehicle needs repairs that cost more than the vehicle is worth.
A 5 to 12 year old vehicle that has a good body but needs mechanical repairs can be a valuable donation. An individual might not be able to sell a vehicle with mechanical problems but these vehicles sell well at our wholesale auctions.
NOTE: An economy vehicle that is older than 12 years old, even in excellent condition, and a newer vehicle in poor body condition may not generate anything to the designated charity.
 

Donate when it is easier to donate rather than sell it yourself.

Is your vehicle sellable in the shape it's in? Newer vehicles that have mechanical problems, particularly if not running, may sell for more at wholesale auction than a donor could get selling it himself. The mechanics that buy these vehicles can repair them much cheaper than the average donor.
No hassles, no selling, no ads. No hassles!
 

Donate when the dealer gives a low trade-in offer.

Some dealers offer next to nothing for vehicles that have major mechanical problem. If less than 10 years old with good bodies these may still yield excellent results at wholesale auction, resulting in an above average donation yield.