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Donating a car?
- Thread starter danmand
- Start date
danmand said:I have an old car, that is at the end of its life. I have heard on the radio that there are places, that will give you a charitable tax receipt for a car.
Anybody done that? Do you get a blue book value receipt or what?
Way it is here, you get what they sell the car for.
seems reasonable unless you are looking for a fraudulent tax deduction
yah its not too bad, i looked into it and just gave the car to a friend in need instead. it felt better than saving a percentage of a grand.
chris
chris
papasmerf said:Way it is here, you get what they sell the car for.
seems reasonable unless you are looking for a fraudulent tax deduction
Relax old man, be assured that Revenue Canada is on top of things.
danmand said:Relax old man, be assured that Revenue Canada is on top of things.
Keep this up and you will be in Dutch with the tax man
G
GlavaMan
papasmerf said:Keep this up and you will be in Dutch with the tax man
If you americans had not become independent from british north america,
you would have reason to comment on taxation in Canada.
As it is, keep your klap shut.
danmand said:If you americans had not become independent from british north america,
you would have reason to comment on taxation in Canada.
As it is, keep your klap shut.
Same holds true for your opinion on the US??????
papasmerf said:Same holds true for your opinion on the US??????
You are more than welcome to put forward your opinions on Canada, as I can put forward my opinions on the US. No problem there.
But for you to feign worry about a car donation being in accordance with canadian tax code is just silly and hypocritical. I repeat, keep your klap shut.
I donated a winter beater a few years ago. They give you the tax receipt for what they get for the vehicle at auction, usually a fairly low value. They come and pick up the vehicle and ownership take it to the auction then about 2 or 3 weeks later you get the receipt in the mail.
A smooth way to easily get rid of a vehicle. It does not need to be running or anything fancy. As I said mine was a winter beater that I was done with and not worth advertising to try and dump off. I think I got a receipt for a couple hundred dollars. The best I might have gotten otherwise was 500 if I had done some work on it and prepped it for sale. So the value to me was a win
A smooth way to easily get rid of a vehicle. It does not need to be running or anything fancy. As I said mine was a winter beater that I was done with and not worth advertising to try and dump off. I think I got a receipt for a couple hundred dollars. The best I might have gotten otherwise was 500 if I had done some work on it and prepped it for sale. So the value to me was a win
