Friday, July 18, 2008

Blown Head Gaskets Bless the Homeless

iDoante.com liquidates 100s of vehicles each year, and with each vehicle that is offered, we work to find the best possible dealer to sell them. Some vehicles are just pure junk and need to be put out of their misery. Other times a lot of TLC will help.

One of our car dealers who helps us process vehicle donations picked up a 1999 Mercury Village minivan. This car was being donated to an inner-city ministry that did free medical car for the poor in their community. The donated vehicle was in very good condition except that it had blown head gaskets, a very expensive fix. As our dealer evaluated the car, he determined that it would be worth it to have the car repaired and use the proceeds from the sale to pay for the repair. The net effect of this creativity was a van that sold for $4,000 and netted $2,000 to the charity vs. a van that would sell at a salvage auction for $400 and only net $200 for the charity.

This creativity is what sets iDonate.com apart from other vehicle donation programs. We auction only vehicles that are too far gone for repair, and our vehicle dealers are able to maximize the value on vehicles that can be repaired. That is maximizing the value of a donation and bringing an extra $1,800 to an inner-city ministry.

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