Glossary · View all terms →
Retail Auction
Public or dealer auctions where buyers purchase complete, drivable vehicles.
What it means
Retail auctions handle clean-title, running vehicles. Common players: Manheim, Adesa, Copart Premier. Sale prices are typically 60-80% of retail KBB. The donor's deduction is the gross proceeds reported on Form 1098-C.
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Ready to donate?
60-second form, free pickup nationwide, IRS Form 1098-C after sale.