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Old 09-02-2014, 06:21 PM   #1
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Should I donate my motor home

Pros and Cons of donating a motorhome to a charity

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Old 09-02-2014, 06:28 PM   #2
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If your doing it because you can get a tax deduction talk with your tax advisor first. Many people are not in a category where they can apply the tax deduction. If you are donating the RV because you feel you can and would like to make a donation, then bless you. Call your favorite charity and see if they will take a direct donation, or if they use a donation service.

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Old 09-02-2014, 06:29 PM   #3
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Usually the charity gets a flat fee from the salvage outfit and the salvage outfit makes the money from the parts sales. The salvage outfit is the one that makes the money although the charity gets some, but sure not the majority.
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Old 09-02-2014, 06:36 PM   #4
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Glad you're aboard. Remember tax deduction is based on market value. Just wondering why you are considering the donation? If it's none of my beeswax that's OK too. Best of luck in your decision. Enjoy your adventures and be safe.
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Old 09-02-2014, 06:38 PM   #5
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Yes you should! We can make a difference!
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Old 09-02-2014, 10:13 PM   #6
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You would probably make out better if you sold it and gave the $$ instead. If there happens to be an audit and you and the IRS cannot agree on what your donation is worth, then it is their word. If you gave a fat check, there is no doubt.
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Old 09-03-2014, 08:20 AM   #7
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Donation of a motorhome is subject to the same rules as donation of a car. You donate it, the charity must acknowledge the donation with a special form. Then the charity must state on the record what it did with it: if sold then you can only take as a donation only the amount it was sold for. The charity would probably sell it for a lot less than you would sell it for so you get the short end of the stick. If the charity uses it and states that, then you can take the fair market value of the motorhome which means you must have something on paper from an outside source stating its value. It is a big hassle to donate vehicles of any sort.
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Old 09-03-2014, 10:11 AM   #8
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I agree with Melmoses. Before you donate it ask the charity how they intend to either use or dispose of it. Charities generally aren't equipped or licensed to sell vehicles at the retail level. In most cases they sell vehicles to a wholesaler or auction house. One in our area had a contract with a local salvage yard. Anything that didn't run immediately went for salvage price. They negotiated a higher price for those in better condition. However even the best went for prices well below the wholesale. Remember you can only deduct the actual amount the charity receives, not the fair market value.

If the object is to get rid of the motorhome and you're not necessarily interested in the tax deduction it might be the way to go. If you actually want to donate to the charity you'll probably be able to give them more if you sell the motorhome yourself and donate the cash.
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Old 09-06-2014, 09:01 AM   #9
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I donated a car once and it didn't help me tax wise at all. If I were to do it all over again knowing that, I wold sell the car and donate the cash directly to the charity. That way at least they will get the most out of your sacrifice

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