Re: [MBZ] Donating a vehicle

2008-08-02 Thread MG
At $1000 I could talk myself into taking a chance on it even with the rust, no AC and a leaky windshield. Manfred Date: Sat, 2 Aug 2008 09:40:06 -0500 From: "Tom Hargrave" <[EMAIL PROTECTED]> Subject: Re: [MBZ] Donating a vehicle Remember, donating to a non-profit only me

Re: [MBZ] Donating a vehicle

2008-08-02 Thread Mitch Haley
tom tomscat wrote: > Hi Andrew, > I hope the info was useful for you. The car donation program has been a lot > of fun for us, > not to mention financially helpful to the program: New England Adolescent > Treatment Center, Inc. (NEAT) > Groton CT. Andrew, if you go for that you might also want

Re: [MBZ] Donating a vehicle

2008-08-02 Thread Mitch Haley
tom tomscat wrote: > I have written this rather hurriedly in between Saturday chores, so please > contact your accountant if you have any questions about any of the above > in case I have overlooked something. > I'm too lazy to dig up my Master Tax Guide, but that sounded about right to me.

Re: [MBZ] Donating a vehicle

2008-08-02 Thread tom tomscat
W115 Message: 15 Date: Sat, 2 Aug 2008 15:38:38 -0400 From: "andrew strasfogel" <[EMAIL PROTECTED]> Subject: Re: [MBZ] Donating a vehicle To: "Mercedes Discussion List" Message-ID: <[EMAIL PROTECTED]> Content-Type: text/plain; charset=ISO-8859-1 Wow - gr

Re: [MBZ] Donating a vehicle

2008-08-02 Thread andrew strasfogel
Wow - great information!! Thanks to all, and specially Tom. What is the name of your organization? On Sat, Aug 2, 2008 at 1:59 PM, tom tomscat <[EMAIL PROTECTED]> wrote: > > Hi, > > I run a a 501 (c) 3 charitable organization, and we have been operating a > car donation fund raising program for

Re: [MBZ] Donating a vehicle

2008-08-02 Thread tom tomscat
Hi, I run a a 501 (c) 3 charitable organization, and we have been operating a car donation fund raising program for the past couple of years. My agency is a small residential facility for adolescent males in Ct. We have probably processed over 200 cars in that time. The IRS rules changed i

Re: [MBZ] Donating a vehicle

2008-08-02 Thread Kaleb C. Striplin
Its the price it sells for. Where are you getting that blue book value? andrew strasfogel wrote: > My sig. oth. is urging me to donate my trusty but misunderstood 284 K mi. > 300TD wagon to a 501 (c)(3) charitable organization, rather than continue my > fruitless attempt to sell it. I was asking

Re: [MBZ] Donating a vehicle

2008-08-02 Thread dave walton
If you donate it to a charity it will be sold to a dealer at auction that will try try to sell it for twice what it is worth to someone who can't afford to fix it. You are better off selling it to someone that needs it with full disclosure, then donate the money you get to the charity of your choic

Re: [MBZ] Donating a vehicle

2008-08-02 Thread Tom Hargrave
-Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of andrew strasfogel Sent: Saturday, August 02, 2008 9:19 AM To: Mercedes Discussion List Subject: [MBZ] Donating a vehicle My sig. oth. is urging me to donate my trusty but misunderstood 284 K mi. 300TD wagon to a

Re: [MBZ] Donating a vehicle

2008-08-02 Thread Rick Knoble
> Question: What are the latest IRS rules about assigning a "fair market > value" to a donated vehicle? Is it the Blue Book or the actual price the > charitable organization sells it for? BB value for a 300TD in average > condition is over $5000 (!). http://www.irs.gov/pub/irs-pdf/p526.pdf The

[MBZ] Donating a vehicle

2008-08-02 Thread andrew strasfogel
My sig. oth. is urging me to donate my trusty but misunderstood 284 K mi. 300TD wagon to a 501 (c)(3) charitable organization, rather than continue my fruitless attempt to sell it. I was asking $1995, and the only problems are rusty jack points, a bad AC double hose, and leaky windshield. Questio