Vehicle Donation FAQ
Why should I donate my vehicle instead of sell?
Today’s car market is flooded with used cars which has depressed prices and decreased trade in value for used cars. Vehicle donation to the Good Neighbor Garage provides tax saving and a warm-fuzzy feeling for directly impacting a life in the Denver community with a car.
Why should I donate to the GNG and not to another organization accepting car donations?
Cars donated to the GNG directly impact lives in the Denver community through our repair and car placement program. Disadvantaged individuals that qualify for our program will receive one of our cars to help them better support their family through work. Many other charities wholesale the car to other dealers or salvage the car and sell the parts to support the nonprofit’s charitable activities.
How do I determine the market value of my car?
Visit the websites for NADA, Kelley Blue Book and Edmunds websites to start the process of determining the value of your car. Subtract out the cost of repairs to make the car safe to obtain an estimate of the cars value. For additional assistance, you might want to consult a tax accountant or read IRS Form 8283, “Noncash Charitable Contributions” and Publication 561, “Determining the Value of Donated Property.”
What if my car is worth $5,000 or more?
A car with a value greater than $5000 must be appraised by a dealership that fills out IRS Form 8282.
How do I get my car to you?
You can drop it off at the address below or we’ll come pick it up! Just give us a call and we’ll work out the details!
What if my car doesn’t run?
We accept all vehicles, running or otherwise! If your vehicle doesn’t run, we’ll pick it up from you!
What are the benefits of donating a car?
Tax deduction benefits include Federal Tax Deduction, State Tax Deduction and Enterprise Zone State tax credits.
Unlike many vehicle donation services or charities, the tax law favors car donations to Good Neighbor Garage. GNG is one, if not the only non-profit in the Colorado area that can maximize your deduction by allowing you to claim the full fair market value of your car. This is possible because your donated car is refurbished and sold to a low income family for a minimal fee. For example, if you donate a ’99 Toyota Camry to us, you may be able to deduct as much as $4,400. However, if you donate the same car to another non-profit that does not fit the criteria, your deduction would be significantly less! (please note that not all cars qualify for the GNG deduction)
Along with tax deduction benefits your donation positively impacts families by providing transportation, which helps keep them working. One of the chief advantages of donating cars to the Good Neighbor Garage is that these cars remain in our community, directly impacting lives by being provided to a real low-income family working for a better future. Research evaluated by the National Economic Development and Law Center and the Ann E. Casey Foundation in the guide, Shifting Into Gear, shows that car ownership by low-income individuals results in more hours worked, increased earnings, as well as a decrease in dependency on welfare programs.
How do I qualify for a vehicle?
The Good Neighbor Garage is an automotive industry training program that repairs donated cars and places them with disadvantaged families in the metro area that need transportation for employment purposes. In order to be eligible for the program, candidates must meet the following qualifications:
- Have a valid Colorado Driver’s License
- Provide a current Motor Vehicle Record (MVR); this verifies to us that your license is valid
- Pay a non-refundable $20.00 application fee. If you are accepted into the program that $20.00 will go towards the purchase of your car
- Provide 2 months proof of income and meet our income guidelines in order to qualify for sliding scale fees
- Ability to pay $1400 – $3000 placement fee
- We require any currently owned working or non-working vehicles to be traded in
- Show proof of insurance or have the ability to be insured
- Have a letter of Referral from your case worker or agency that referred you to our program
If you believe that you meet these guidelines, the next step is to call (720) 941-5897 and set up an appointment for an interview. Our program coordinator will review your application during your interview. At that time you will be notified if you qualify for the program. Approved candidates will be placed on a waiting list that will be sorted by our priority guidelines and subject to available cars
Can I donate cash gifts to Good Neighbor Garage?
While a significant percentage of the GNG operating income comes from the sale of donated vehicles, fixed overhead expenses including rent, parts, license fees, utilities, etc. require donations to help offset to ongoing costs of providing this valuable service.
Donating is easy, either via Pay Pal or check à GNG will send you a receipt for tax purposes, including both IRS and Enterprise Zone tax benefits.
Donate money online today,
Checks can be mailed to Good Neighbor Garage at the following address:
9200 W. 44th Avenue
Wheat Ridge, CO 80033
We appreciate your interest in charity car donations and look forward to serving you within our vehicle donation program.