Lots of rich folks donate a lot to charity, and this is kind of a high-profile way to do it. Bjuyers usually donate the item to some museum or charity as well, so they can write off the whole thing. Barrett Jackson doesn't charge any commission or buyers fee, so its a pretty clean deal. They also have a certified appraiser available, so if the buyer did happen to want to keep the vehicle, they can appraise it and buyer can reduce the write off by the actual value of the car he is keeping.
The ones that really pull in the cash are the veterans charities- something was donated for Wounded Warriors- I think it went for $150,000 or some such, and some guy standing there said he would match it.
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Today's Featured Article - Tuning-Up Your Tractor: Secondary Ignition Wires and Distributor - by Curtis Von Fange. In our last episode we spent the entire day checking out the spark plugs. Is that efficency? Actually, it took more time to explain than it really did to do the inspection. At any rate we decided that a compression test was in order so we could verify the internal engine status. That way we wouldn't buy any tune up parts until we were sure that the engine was in reasonable mechanical condition. Our tests showed a fictional compression reading of 85, 80, 82 and 86 psi. That is well within a
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