Giving it Away

No, I’m not talking about my work for MetroBlogging, I’m talking about my sleek silver beauty, my once-trusty car I just donated to the Portland Women’s Crisis Line.

The popularity of donating cars has waned significantly since the tax code changed in 2005. Before then, you could deduct the full “market value” of the vehicle, based on the Kelley Blue Book. Now the charity you donate your vehicle to sends you a receipt for the actual amount they get from the car.

The benefit of donating a car (besides the help to the charity and the 15 bucks you’ll save on your taxes) is that you don’t have to deal with trying to sell a disabled vehicle. They even come and tow it away.

There are many groups in Portland that will take vehicle donations. This is the second vehicle I’ve donated, and I highly recommend it.

3 Comments so far

  1. waimin (unregistered) on December 12th, 2007 @ 7:23 am

    Way to go! We donated our last car to the Oregon Humane Society. The process was a breeze. We got a tax deduction. And they sold it for more than we would have gotten. I highly recommend doing this.

  2. Linda Miles (unregistered) on December 12th, 2007 @ 12:48 pm

    Hey Steve!

    I am the Development Director over at the Portland Women’s Crisis Line and found your post through my Google Alerts.

    Thank you for donating your car to us and writing about what a great experience it was! We greatly appreciate this kind of support.

    Happy Holidays.

  3. Dodge Ram (unregistered) on December 13th, 2007 @ 12:14 am

    Before 2005 I donated a 72 car and a 78 truck and got a nice chunk cut off my taxes last year I donated a 89 ranger the paper work I got from the tow truck driver was messed up “wrong year” and aparently “they” didn’t sell it so dollar amount to take off the taxes so the next one that I have to get rid of I’ll sell it to a wrecking yard. Just my experience.

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