Wheels4Hope

Wheels4Hope vs. Other Car Donation Programs

All vehicle donations made to IRS approved charitable organizations are tax deductible. Most charities soliciting car donations do not use those vehicles in carrying out their mission. They take donated cars and sell them (usually through a third party at auction) and use the proceeds to fund their organization. The actual sale price of the donated car is reported back to the donor as the value of the tax deduction for IRS purposes.

At Wheels4Hope many of the vehicles donated to us are repaired and placed as program cars – this is our mission! When this happens, the donor is able to claim a tax deduction equal to the fair market value of the car. This can mean a deduction worth hundreds or even thousands more than if you were to donate your vehicle to another program.

Donated vehicles that are not used as program cars are offered for sale to the public.  Such vehicles may have higher mileage or historical maintenance costs than typical program cars, or may be models/have options that do not match the needs of our program car recipients. When this happens, the donor will be notified of the sale price of the vehicle for tax purposes.

In all cases, Wheels4Hope will provide you with official documentation needed for filing your tax deduction. For more information, please refer to IRS Publication 4303: "A Donor's Guide to Vehicle Donations".