 |
 |
 |
 |
 |
 |
 |
 |
||
 |
Costs and Timing | |
|
|
|
|
Totally Free: The CarsDiva Vehicle Donation Program is totally free for donors. It is one of the most efficient program of its kind, delivering an estimated 70% of gross revenue to charitable works. The latest Attorney General of California report showed that the average program yielded only 42% of gross proceeds to local charities. |
|
|
|
|
|
The CarsDiva Vehicle Donation Program is operated by
V-DAC, the only program that publishes rate structures: V-DAC is one of the most efficient and experienced vehicle donation program managers. Every process is carefully designed to minimize costs while meeting donor expectations. |
|
|
|
|
|
Program Fees: The CarsDiva Vehicle Donation Program's low cost structure generates higher returns than most other vehicle donation programs. Fees are explained below: |
|
|
|
|
| Activities | Standard Fee |
Average Per Vehicle | |
|---|---|---|---|
| Transportation and auction costs | Actual |
$53 |
|
| Repairs | Actual |
$0 |
|
| Vehicle Processing and Program Management | $75 |
$75 |
|
|
|
Examples: |
|
The following are
examples of proceeds generated with different value vehicles.
|
|
Examples:
|
Poor Vehicle |
Better Vehicle |
Premium Vehicle |
|
|
Gross Sales Price |
$567 |
$1,056 |
$2,750 |
|
|
Less: Transportation, Auction, and Repair costs |
$140 |
$140 |
$144 |
|
|
Less: Vehicle Processing and Program Management |
$75 |
$75 |
$75 |
|
|
Net Proceeds to CarsDiva Charity |
$352 |
$841 |
$2,531 |
|
|
% of Gross Sales to CarsDiva Charity |
62% |
79% |
92% |
|
|
|
|
| V-DAC protects donors. V-DAC maintains a $2,000,000 liability insurance policy. Titles are properly filled out and never given to tow truck drivers so theft of vehicles is eliminated. | |
|
|
|
|
Timing |
|
|
Higher value vehicles can be picked up within a day, while lower value vehicle are not picked up until titles are reviewed to eliminate expensive rework. Lower value vehicles are usually picked up within one week of when paperwork is received. (Call if you need quicker pickup.) The agents at our call center (877-999-8322) keep track of the timing and status of the vehicle in the disposition process. |
|