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COSTS
For virtually any non-profit, the actual vehicle donated to it is not useful, because of the difficulty of selling it. Our vehicle donation program converts that vehicle, in the quickest and most efficient manner, into cash that the school can readily use.
V-DAC is a totally free service for donors and non-profits.
All pickup, transportation, sales and administration costs are covered by the revenue from each vehicle. The non-profits get only checks for net revenue- never bills. Any shortfalls in vehicle revenue are covered by the program and never charged to the non-profit. V-DAC service does not include appraisals or cover any expenses donors may have in preparing vehicles or paperwork.. V-DAC is forbidden by law from making or paying for appraisals of donated vehicles.
V-DAC delivers much more of gross revenue to charities than do most other vehicle donation services. V-DAC targets to deliver 45% to 60% of gross revenue from vehicle donations. An Attorney General of California report showed that the average program yielded only 19% of gross proceeds to local charities. The V-DAC program results are based on an extensive test program in California servicing over 8,000 schools, churches and charitable organizations.
The V-DAC program fully indemnifies non-profits. V-DAC maintains a $2,000,000 liability insurance policy.

V-DAC keeps costs to a minimum by duplicating the program used by the largest charities. The vehicles are picked up, sold at auto auctions at wholesale prices and the title is transferred. All of this is accomplished by the company that provides this same service for 14 of the country's 20 largest insurance companies, using the same costs structure. The costs of the program are deducted from the auction price and the net proceeds are sent to the non-profit.


Program costs
Below is a listing of activities common to many Vehicle Donation programs and V-DAC corresponding charges.
Activities
 Cost Per Vehicle
Program Administration and Operating Costs (Auction Vehicles: Greater of $75 or 10% of sales. Dismantler Vehicles: 50% of net revenue to maximum of $30.)
 $65 Average
Pick-up and transportation costs (Actual costs; no markup)
 $73 Avg. for US
Smog and repair costs (borne by the buyer)
 $0
Auction fees (Actual cost, no markup)
 $61 Avg. for US
Repair costs (only done if it will increase net revenue)
 $ Actual cost
Title transfer, call center costs, disposition administration
 $55 Fixed
Additional advertising costs
 $0
Funds distribution and reporting costs (7.5% of net revenue.)
 $22 Average
Charities receive an average of $245 per vehicle under the V-DAC program. The following are actual examples of proceeds generated with different value vehicles.
Net Revenue per Vehicle
Examples:
Junker*
Poor
Vehicle
Better
Vehicle
Premium
Vehicle
Gross Revenue
$75
$547
$1,050
$2,750
Costs
 
 
 
 
Program Administration and Operating Costs
$10
$75
$105
$275
Pick-up, transportation, auction, Title Transfer, and Repair costs
$55
$273
$225
$325
Funds handling and reporting costs
$1
$22
$62
$181
Total Costs
$65
$224
$392
$709
Net Revenue to Charity
$9*
$198
$658
$1,968
Percentage of Gross Revenue
11%
36%
63%
72%
  *
This is a new program where "junkers" are sent directly to dismantlers for a set fee so that charities can benefit from even very low value vehicles. V-DAC absorbs any losses. There is NO cost or pass-through to the non-profit.
Timing
Vehicles are usually picked up within one week of when paperwork is received. (Call if you need quicker pickup.) It usually takes over 2 months from the time the vehicle is picked-up until any net cash proceeds are delivered to the non-profit. The agents at our call center (877-999-8322) keep track of the timing and status of the vehicle in the disposition process.
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