Tax-law change drives donors to other options: Vehicle auctions by not-for-profits are on the decline

The 1968 Volvo coupe may have been the ugliest car parked in the Marion County Auto Auction lot, with its worn sheepskin seat covers, duct-taped headlight and mustard-yellow paint scheme. But someone liked it enough to bid $475 to take it off the hands of Goodwill Industries of Central Indiana Inc. Goodwill has depended on thousands of used-and nearly useless-donated vehicles like the Volvo to bring in more than $1 million annually through its auctions. But it and other charities...

 

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