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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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