Ever wonder about car donation value in NJ? We make it very easy for you to get the highest value for your New Jersey car donation.
When you choose us for your contribution, you're donating directly to charity. We do not use a middle man to process any of our NJ car donations.
So, how is it possible to receive fair market value for your car donation in NJ? Here at the American Children's Society, Inc. we don't sell any New Jersey vehicles at auction. We don't use a for-profit middleman either. Because of this, your car donation value is the highest with us.
Here's an excerpt from the IRS Donor’s Guide to Car Donations:
“You may be eligible to deduct your vehicle’s fair market value on the date you donated it.
…the charity intends to make a significant intervening use of the vehicle…
…the charity intends to make a material improvement to the vehicle….
…the charity intends to give or sell the vehicle to a needy individual at a price significantly below fair market value...”
We're a local, New Jersey based charity that accepts most vehicle donations.
We work hard to get you the best tax write-off. Your car donation in NJ is still tax deductible.
ALL vehicle donations have value to the families that we serve. Whether we use it for our mission, sell it on our retail lot or to a salvage yard, your car donation in New Jersey will be turned into cash that we'll use to help more children.
Here's a guide to help you determine its value.
Vehicles that are in good running, safe condition, ones that we use towards our mission, you may claim fair market value. We'll give you a receipt stating this so that you may claim fair market value for your tax deduction. See the Kelly Blue Book for an estimate for your specific car.
Vehicles that need a significant
improvement (repair) before they're sold: We have the facilities, equipment and volunteers
to significantly improve most cars. If we're able to repair them, you may claim fair market value.
If your NJ car donation is sold, and has a value of more than $500.00, your deduction is the actual sales price of the car. (We'll notify you within 30 days of the sale)
If your vehicle has a lower value, you may claim the fair market value up to $500.00 with just the receipt that we provide at the time of the pickup.
Since you've chosen us for your car donation in NJ, we'll provide you with a donation receipt at the time of pick up, and within 30 days of the sale of your car, the final receipt.
We work very hard to get top dollar for your automobile. We don't just sell at auction or wholesale.
Please take a look at the guide published by the IRS titled "A Donor's Guide to Vehicle Donations"
If you have a question about which of these categories your car donation may fall into, please call us at: