“How much is my tax receipt?” is top of the list for donor queries here. Donate a Car Canada is unique in its process. We work to serve! Donors and their chosen charities are Priority One. We also seek to serve our communities and their business owners. We do this by employing a process that is fair to all.
How much is my car donation tax receipt?
The short story: car donation tax receipt outcomes vary from province to province, and even city to city. This is because all donated vehicles are assessed on their own merits. We have seen re-sale donation outcomes as high as $66,850.00! A few years back, Prostate Cancer Canada received a Mercedes donation of $27,000.00! Although these results are not typical, it is not uncommon for us to send thousands of dollars to receiving charities for auctioned vehicles.
Recycle-ready car donation outcomes are as varied as the cars, donors, and provinces they represent! In some cities we see outcomes as high as $600.00 for a scrap-ready car!
Car donation tax receipt: here’s the breakdown
Donate A Car Canada has three possible sale procedures that maximize the donation outcome for our charities. Here’s how we work:
- Many donated cars are ready for the recycle process: This applies to vehicles that are ready to come off the road. The donation amount for each varies. Dollar outcomes depend on your donation location, and what the market will pay for the year/make/model. The vehicle will be picked up by our towing agent at no cost to you.
- We always assess: is a vehicle suitable for sale at auction? Several factors go into qualifying a vehicle for auction. Drivability, mechanical condition, age, visual appearance, and mileage all impact this decision.
Vehicles sold at auction are sold ‘as is’ and ‘unreserved’. Sales are to the highest bidder, as a full and final sale. Outcome at auction varies. As such, we cannot guarantee a specific sale result.
- Our third option applies to vehicles that may not perform well at auction, but that are not ready for recycling. Our re-sale/recycle process begins with the free tow. Once our agent has it on their yard they will assess your vehicle to determine if it should be recycled or re-sold. This will be based on the current market. If they determine that they will not find interested buyers, they will recycle your car. If they see re-sale value in your vehicle, they will advertise it to their own buyer base. They will send us the net proceeds from the re-sale price.
Will this cost me anything?
There is no cost to either donor or charity for this process. Donate a Car and their cooperating agents (we serve from coast-to-coast!) do have costs.
We keep our own overhead to a minimum. This is done in several ways, not the least of which is our work from home staff. Having the team work from home was a Thing here long before COVID struck! Furthermore, keeping our staffing numbers lean cuts the bills. It does mean that we each work at a clip! And it means we care (so personally) about each donor. Moreover, we strive to work virtually paperless. I could go on, but you get the picture.
Our agents mirror our mission: they often cut their own fees dramatically to accommodate complicated tows. They work overtime for us. Additionally, they boost the amounts they’re willing to pay per vehicle whenever they can.
Any costs to the process are taken from the final sale amount on a vehicle-by-vehicle basis.
Works for me! How do I go ahead?
Just click the big red button right here! The donation form you find there will get you set-up in less than 10 minutes. Next? A call from our supporting tow agent. Then, it’s a free tow. A tax receipt will land in your inbox within a week of our disbursing your donation to your charity of choice.
A consideration: some of our agents will offer a small bump in the sale outcome of the vehicle if it is dropped off at their property. This doesn’t always apply, but do ask if that’s an option for you!
You are also invited to follow us on Facebook, Instagram, or Twitter. There you will be able to keep up-to-date on posts that showcase amazing donors and charities in every province in Canada!
We look forward to serving you and your charity of choice!