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Wondering what to do with your used car, truck, motorcycle or other vehicle?

Donate it today and make a difference!

 

Whether you’re making a move to go car-free, car-lite or just making an upgrade to your current vehicle, vehicle
donations to Bicycle Colorado are convenient and easy—and they may qualify you for a tax deduction! Best of all,
your vehicle donation will make a big difference in supporting Bicycle Colorado.

Why not donate your vehicle today? All you need to do is to complete the simple online form from our
partners at Vehicles for Charity, or call 1.866.628.2277 and they’ll take care of the rest. Vehicles for Charity
will arrange to have your donation towed and provide you with a tax-deductible receipt, all at no charge to you.

Call 1.866.628.2277 or click here to get the process started and support Bicycle
Colorado! 

Or call 1.866.628.2277 today!

Why donate your vehicle to Bicycle Colorado?

It’s easy

Donors tell us that donating an unwanted car or truck is easier and faster than selling it on their own. They also tell us it’s a satisfying way to make a larger donation than they normally could. These donations make a big impact.

… and hassle free

If you want to get rid of an old vehicle but don’t want to deal with selling or fixing it, vehicle donations to Bicycle Colorado are a great alternative. The donation process is safe and simple and you may qualify for a tax deduction!

Frequently asked questions

What can I donate?
You can donate most any vehicle, including cars, trucks, boats, motorcycles and recreational vehicles. They do not have to be currently running. Your vehicle donation will be sold at an auction or to salvage depending on condition.
What are the benefits of donating my used vehicle to Bicycle Colorado?
Bicycle Colorado benefits by receiving a cash donation to fund new and existing programs and increase community awareness through local events. You benefit by being able to reduce your taxable income when taxes are itemized. Plus you avoid the costs associated with selling your car. No need to pay for advertising, no loss of privacy and possible security risk, and no need to pay for vehicle registration, insurance and repairs to keep your car in running condition while you wait for a buyer.
Is my donation tax-deductible?
Yes, the Bicycle Colorado is a 501(c)3 nonprofit organization. All donations qualify as a charitable deduction on your federal income tax return.
What do I need to donate my used vehicle?
The title to the car must be in your name. Vehicles for Charity will also need some information about where the car is located and the condition of the car. This will assist them in scheduling appropriate towing arrangements.
Will you pick up my used vehicle?
A towing company will call you to schedule the pick-up of your vehicle. You will need to give the driver the keys to the vehicle as well as your signed title.
How is the value of my used vehicle determined?
The IRS allows you to take a charitable tax deduction on your federal income tax form equal to the amount the vehicle sells for at auction, unless it sells for less than $500. If your vehicle sells for less than $500 you may deduct no more than $500. If your vehicle sells for more than $500, you will need to include the IRS form 1098C. Vehicles for Charity will supply this documentation after your vehicle sells. We recommend you consult your tax advisor with questions about your deduction. Bicycle Colorado has partnered with Vehicles For Charity to process vehicle donations. Just call 1.866.628.2277 they will answer any other questions you may have and make arrangements to pick up your donation.
Does my used vehicle have to be running to donate it?
In some cases Vehicles for Charity can take your car, running or not. However, it must have an engine and be tow-able. Contact a representative at 1.866.628.2277 to find out if your vehicle qualifies for pick-up.
How long will it take to pick up my vehicle?
Vehicles for Charity makes donating your car as simple and convenient as possible. A tow company will contact you within three business days.
Do I have to be with the vehicle at the time of pick-up?
No. Special arrangements can be made by calling a Vehicles for Charity representative at 1.866.628.2277.
Do I need a smog certificate in order to donate my car?
For states that require smog certificates or safety inspections, you may donate your vehicle without these documents.

Tax questions

How does the new law effect my tax deduction?
Donors are no longer responsible for determining the deductible value of their donation. Instead, they will receive IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes if the proceeds from the sale exceed $500, stating the amount of the gross proceeds from the sale of the donated vehicle. The amount listed on IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes will be the gross proceeds of the deductible donation.
Will I get a tax receipt for my donation?
Yes, our driver will issue a tow receipt at the time of pick-up. This is not your final tax receipt unless the sale of your vehicle does not exceed $500. This initial acknowledgement will indicate your name as well as the year, make, model and condition of the car you are donating. It will be your only receipt if your vehicle sells for less than $500.
What can I claim as a deduction?
According to the tax law effective January 1, 2005, if the claimed value of the donated vehicle exceeds $500, the taxpayer is limited to the gross proceeds of the sale. An IRS Form 1098-C, “Contributions of Motor Vehicles, Boats, and Airplanes” will be mailed to you within 30 days of the sale stating the amount of gross proceeds received from your car, provided your vehicle sold for more than $500 and you have submitted your social security number. This will be your tax receipt for your charitable contribution.
How is the value determined on the vehicle donated?
The value is determined by the gross proceeds raised from the sale of the donated vehicle. You no longer have the burden of determining the value yourself.
What if my car is valued over $5000?
Effective January 1, 2005, you are no longer required to have vehicles appraised. The value you may claim will be the amount of gross proceeds received from your vehicle.

Ready to donate your vehicle?

Or call 1.866.628.2277 today!

Bicycle Colorado
@BicycleColo

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