Selling Cars for Charity: How American Auto Auctions Help Make the World a Better World
Start writing a post
Sports

Selling Cars for Charity: How American Auto Auctions Help Make the World a Better World

Selling Cars for Charity: How American Auto Auctions Help Make the World a Better World

45
Selling Cars for Charity: How American Auto Auctions Help Make the World a Better World

Auto auctions sell vehicles both within the United States and far beyond. Due to the huge demand for used American cars around the world, any car, even old and not on the move, is sold under the hammer for dollars that can be donated to charity. How does this happen?

Auctions such as Copart and the IAAI put up vehicles for sale by both legal entities and individuals. Any car owner can sell their vehicle and make a profit or donate the winning bid amount. In the latter case, the proceeds are transferred to the account of a charitable foundation or non-profit organization.

Note that when transferring a car as a donation, the car owner can count on a tax discount. And the removal of the car is free of charge.

Where do donations go?

Auto auctions have their own charity partner list. There are funds in each state to which funds received from the sale of a donated car can be transferred.

The main organizations Copart works with are the Purple Heart Association and the Activated Ministries. The first helps veterans and their families, as well as wounded veterans. Activated Ministries, on the other hand, supports humanitarian and spiritually oriented projects in the United States and other countries.

The IAAI has been helping non-profit organizations for over thirty years. Through the sale of donated vehicles through the National Vehicle Donation Program, they receive funding to continue their missions.

It is possible for the seller to choose the fund independently, to whom the funds received for his car will be transferred. For example, these can be organizations that care for animals, low-income families, people affected by emergencies, etc.

Buying a donated car

To buy a donated vehicle, you must select the appropriate filter “Donated Cars” in the catalog on the auction website. As a rule, these are cars more than five years old, with normal wear and tear, in motion, with or without damage.

You can place your bids before the specified date of bidding. The highest bidder who wins the auction has several days to pay for the lot by bank transfer.

After completing the purchase, the car is delivered to the new owner. And the proceeds are transferred to a charitable organization. Thus, old and unnecessary cars get a second life, and the finances paid for them serve for the good of society.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
the beatles
Wikipedia Commons

For as long as I can remember, I have been listening to The Beatles. Every year, my mom would appropriately blast “Birthday” on anyone’s birthday. I knew all of the words to “Back In The U.S.S.R” by the time I was 5 (Even though I had no idea what or where the U.S.S.R was). I grew up with John, Paul, George, and Ringo instead Justin, JC, Joey, Chris and Lance (I had to google N*SYNC to remember their names). The highlight of my short life was Paul McCartney in concert twice. I’m not someone to “fangirl” but those days I fangirled hard. The music of The Beatles has gotten me through everything. Their songs have brought me more joy, peace, and comfort. I can listen to them in any situation and find what I need. Here are the best lyrics from The Beatles for every and any occasion.

Keep Reading...Show less
Being Invisible The Best Super Power

The best superpower ever? Being invisible of course. Imagine just being able to go from seen to unseen on a dime. Who wouldn't want to have the opportunity to be invisible? Superman and Batman have nothing on being invisible with their superhero abilities. Here are some things that you could do while being invisible, because being invisible can benefit your social life too.

Keep Reading...Show less
houses under green sky
Photo by Alev Takil on Unsplash

Small towns certainly have their pros and cons. Many people who grow up in small towns find themselves counting the days until they get to escape their roots and plant new ones in bigger, "better" places. And that's fine. I'd be lying if I said I hadn't thought those same thoughts before too. We all have, but they say it's important to remember where you came from. When I think about where I come from, I can't help having an overwhelming feeling of gratitude for my roots. Being from a small town has taught me so many important lessons that I will carry with me for the rest of my life.

Keep Reading...Show less
​a woman sitting at a table having a coffee
nappy.co

I can't say "thank you" enough to express how grateful I am for you coming into my life. You have made such a huge impact on my life. I would not be the person I am today without you and I know that you will keep inspiring me to become an even better version of myself.

Keep Reading...Show less
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

94461
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments