Cars

For Sale: 80-Acre, 8,000 Car Idaho Junkyard – Show Up With $3,000,000 And You Own It

I am glad that my kids were not sitting in close proximity when I opened the email that informed me of the sale of L&L Classic Auto in Wendell, Idaho. Once I saw the ariel photos of nearly 100 acres full of cars, trucks, buildings and literally millions of parts, I muttered some swear words. We’re not talking shallow end of the pool kind of bad words, I went for the stuff that makes hardened criminals stop on their tracks. We have previously showed you junkyards and parts business that were selling out, but none of them had anything close to the kingdom of rusty gold that L&L has. Because of the conditions in Idaho, the rust on most of these cars should be mostly superficial and more along the line of “perfect patina” than “terminal disaster”. The yard it located about an hour and a half southeast of Boise comfortably resting in the middle of flipping nowhere.

The business has been open for 80 years and the owner has decided that it is time to hang up his car part peddling spurs and wants to sell the whole place off in a package deal and hand the new guy the keys. According to the ad, the place is so big lots of place hasn’t even been inventoried. That may sound like a nightmare to you, but can you consider for a moment the unbridled joy that would be the job of doing the yard “census” at this place?! It would take us the rest of our natural born lives but we’d wake up raring to go to work every morning. The list having about 100 55-57 Chevrolets some of which are wagons. There are Model Ts to beat the band and whatever else you can dream of. Sure, lots of the cars there are pedestrian models but who cares? The reality is that the decent sheet metal is what everyone wants and then you can “build to suit”, right? Outside of the umpteen thousand cars there are multiple buildings with parts crammed from floor to ceiling.

The photos below do a better job of telling this story than our words can. If it wasn’t so damned expensive to get to Boise, Idaho we’d be out there in a heartbeat to just look at the place. Any BangShifters near Wendell with a camera that we can deputize?

 

SCROLL DOWN FOR THE PHOTOS AND THE LINK FOR THE HEMMINGS AD!

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Cars

2017 Chevy CHEVELLE SS

Car manufacturers love to sell us romantic stories about a vehicle and how it meant allot to them and the development of their company and its history but behind all those fancy promotional materials, there is always one good reason to reincarnate an old classic model, and it’s always the Benjamins.

2017-Chevy-CHEVELLE-SS

 So once again the rumor-mill is buzzing with activities about a classic receiving a new form and rising like a phoenix from the ashes of the long-lost model.

This time we bring you the 2017 Chevrolet Chevelle which is supposedly making a come-back very soon and just like most of the reincarnated models, this one is planning on using its former iconic muscle car status to reach new sales goals.

Once we get more info about the powertrain versions of this new/old classic we will bring you more details about it so stay tuned for more information to come on this vehicle.

2017-Chevy-CHEVELLE-SS

2017-Chevy-CHEVELLE-SS

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Cars Tips

How To Donate Your Car to Charity: Useful Tips

A charity that uses a donated vehicle for transportation or hauling goods obviously benefits directly from such a donation. However, in many cases donated cars will be sold en masse, either by the charity itself or by a dealer to raise funds for the charity. In the case of a dealer, the charity generally receives a flat fee per car, sometimes as little as $45 per car.

Listed below are tips for donors who would like to donate a car to charity. Beware that the donor’s tax deductions for car donations may be limited to the price at which the charity sold the car.

  • To receive the maximum tax deduction on your car donation, and to receive the satisfaction that the full value of the car benefits a charitable purpose, give it to a charity that will use the vehicle in its operations or will give it to a person in need. Otherwise, your tax deduction will not be based on the fair market value, but will be limited to the amount of money the charity receives from the sale of your car. If the charity you are donating to does sell the vehicle, ask what percentage of the proceeds they receive. See Car Donations: Taking Taxpayers for a Ride for more.
  • Ask if the charity accepts car donations directly, without involving a third party. If possible, drive the vehicle to the charity instead of using a towing or pickup service. This will allow the charity to keep the full amount of any proceeds from selling the car.
  • Make sure the charity is eligible to receive tax deductible contributions. Ask for a copy for your records of the organization’s IRS letter of determination which verifies its tax exempt status.
  • Be sure that you get a receipt from the charity for your car donation.
  • Be aware that non-cash donations are one of the most common triggers to an audit by the IRS, so you’ll want to document the value of the car and keep records of it.
  • If the car is worth more than $500, the donor must complete Section A of IRS Form 8283 and attach it to their tax return. Donors are required to file with his/her tax return a written acknowledgement from the charity. If the charity sells the car, the charity must provide the donor with a certification that the car was sold at “arms length” between unrelated parties and the sale price of the car within 30 days. In this case, the donor’s tax deductions will be limited to the total amount the charity sold the car for. If the charity does not sell the car, it must provide the donor with a receipt within 30 days of the contribution. The charity may also be required to provide certification to the donor stating how it plans to use or improve the car and stating that it promises not to sell or transfer the car. Penalties are imposed on charities that provide fraudulent acknowledgements to donors.
  • If the car is worth $5,000 or more, an independent appraisal is necessary. The donor must also fill out Section B of IRS Form 8283. For cars worth less than $5,000, use the Kelley Blue Book, the Hearst Black Book, or a guide from the National Auto Dealers Association (NADA) to determine the market value. Make sure you use the correct figure for the date, mileage, and condition of your car. Picking the highest figure for your car model and year without taking into account other factors may not pass muster with the IRS.
  • Take pictures of the car and save receipts for new tires or other upgrades to verify its value.
  • Remember, it is the donor, not the charity, who is obligated to value the car and who will pay the penalties if an IRS challenge finds your figure inaccurate.

For comprehensive information of donating a vehicle, see the IRS’ guide to car donations here.

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Cars

The most amazing cars we saw at the 2016 Detroit Auto Show

The biggest auto show of them all is off to a running start in the Motor City.

The Detroit Auto Show — its official name is the North American International Auto Show (NAIAS) — is usually where automakers roll out their best and brightest, most exciting new vehicles, and coolest concept cars.

Of course, the Detroit Big Three — GM, Ford, and Fiat Chrysler Automobiles — and all the other companies in attendance are also aiming to attract customers. That’s why we saw SUVs and minivan reveals in Motown along with the more exotic stuff.

The show runs through January 24. Here are all the cool cars we saw:

Acura’s Precision concept is actually a four-door! It has “suicide” rear doors that hinge in the opposite direction from the main doors. If Acura ever builds it, they need to retain this feature.

Acura's Precision concept is actually a four-door! It has "suicide" rear doors that hinge in the opposite direction from the main doors. If Acura ever builds it, they need to retain this feature.

Matthew DeBord/Business Insider

Ferrari is absent in Detroit, but the new 488 GTB supercar isn’t, thanks to Brembo, a company that makes high-performance brakes. Not my favorite Ferrari color, but it’ll do.

Ferrari is absent in Detroit, but the new 488 GTB supercar isn't, thanks to Brembo, a company that makes high-performance brakes. Not my favorite Ferrari color, but it'll do.

Matthew DeBord/Business Insider

The otherworldly BMW i8 kept an eye on the Ferrari from across the show floor. It was almost like the Ferrari’s prancing stallion had a guardian angel.

The otherworldly BMW i8 kept an eye on the Ferrari from across the show floor. It was almost like the Ferrari's prancing stallion had a guardian angel.

Matthew DeBord/Business Insider

In the midst of it all, the new Lincoln Continental is a thing of beauty.

In the midst of it all, the new Lincoln Continental is a thing of beauty.

Reuters/Gary Cameron

GM also unveiled some pretty sheet metal: Buick’s Avista concept.

GM also unveiled some pretty sheet metal: Buick's Avista concept.

Matthew DeBord/Business Insider

The new, never-before-seen Volvo S90 luxury sedan takes aim at cars like …

The new, never-before-seen Volvo S90 luxury sedan takes aim at cars like ...

Scott Olson/Getty Images

… the new E-Class from Mercedes-Benz, an industry standard for decades.

... the new E-Class from Mercedes-Benz, an industry standard for decades.

Scott Olsen/Getty Images

Porsche fans rejoice: The new generation 911 Turbo and Turbo S are here.

Porsche fans rejoice: The new generation 911 Turbo and Turbo S are here.

Scott Olsen/Getty Images

Audi’s cool H-tron hydrogen-powered crossover made an appearance.

Audi's cool H-tron hydrogen-powered crossover made an appearance.

Scott Olsen/Getty Images

Audi also held the world premiere of the A4 and S4 sedans, critical core vehicles for the carmaker in its battle with BMW and Mercedes.

Audi also held the world premiere of the A4 and S4 sedans, critical core vehicles for the carmaker in its battle with BMW and Mercedes.

Scott Olsen/Getty Images

The Hyundai Genesis G90 is yet another entry into the crowded luxury-sedan market.

The Hyundai Genesis G90 is yet another entry into the crowded luxury-sedan market.

Scott Olsen/Getty Images

Henrik Fisker is back on the scene with his Force 1 concept vehicle, which he hopes will become a $300,000 production model made in the US.

Henrik Fisker is back on the scene with his Force 1 concept vehicle, which he hopes will become a $300,000 production model made in the US.

Gary Cameron/Reuters

Chevy rolled out the new Cruze hatchback. This is the go-faster SS version.

Chevy rolled out the new Cruze hatchback. This is the go-faster SS version.

Scott Olsen/Getty Images

Infiniti debuted the stunning Q60 concept at last year’s show. This year, it’s time for the production Q60 to shine.

Infiniti debuted the stunning Q60 concept at last year's show. This year, it's time for the production Q60 to shine.

Scott Olson/Getty Images

Who doesn’t love a hot-purple Dodge under the bright lights?

Who doesn't love a hot-purple Dodge under the bright lights?

Matthew DeBord/Business Insider

Or how about a hot-purple Jeep Wrangler?

Or how about a hot-purple Jeep Wrangler?

Matthew DeBord/Business Insider

Or, best of all, a hot-purple Bentley Continental GT Speed?

Or, best of all, a hot-purple Bentley Continental GT Speed?

Scott Olsen/Getty Images

This customized Kia SUV reminded me of a groovy van from the 1970s.

This customized Kia SUV reminded me of a groovy van from the 1970s.

Matthew DeBord/Business Insider

Ford established its new performance division a year ago. Its cars run a gamut from the GT supercar …

Ford established its new performance division a year ago. Its cars run a gamut from the GT supercar ...

Matthew DeBord/Business Insider

… to the Raptor super truck.

... to the Raptor super truck.

Mark Blinch/Reuters

Speaking of performance, that’s a Corvette race car up there.

Speaking of performance, that's a Corvette race car up there.

Matthew DeBord/Business Insider

The new, range-topping Lexus LC 500 grand tourer has … 500 horsepower.

The new, range-topping Lexus LC 500 grand tourer has ... 500 horsepower.

Scott Olsen/Getty Images

The — very shiny — Kia Telluride SUV concept would slot above the Sorento. Yes, it also has suicide doors.

The — very shiny — Kia Telluride SUV concept would slot above the Sorento. Yes, it also has suicide doors.

Scott Olsen/Getty Images

The new model — assuming it sticks to the concept — would be the best-looking in the current Kia lineup.

The new model — assuming it sticks to the concept — would be the best-looking in the current Kia lineup.

Matthew DeBord/Business Insider

This 1968 Alfa Romeo 33 Stradale reminded us that it’s understandable why everyone thinks the Italians design the most beautiful cars.

This 1968 Alfa Romeo 33 Stradale reminded us that it's understandable why everyone thinks the Italians design the most beautiful cars.

Matthew DeBord/Business Insider

The automotive classic inspired Alfa’s new 4C Spider. This is the first time the topless 4C has made it to North America.

The automotive classic inspired Alfa's new 4C Spider. This is the first time the topless 4C has made it to North America.

Scott Olsen/Getty Images

And speaking of Italian design, the Fiat 124 Spider is the return of an automotive classic. It’d based on the Mazda Miata MX-5.

And speaking of Italian design, the Fiat 124 Spider is the return of an automotive classic. It'd based on the Mazda Miata MX-5.

Matthew DeBord/Business Insider

The 2017 BMW M2, which those who love to drive have been eagerly awaiting.

The 2017 BMW M2, which those who love to drive have been eagerly awaiting.

Matt DeBord/Business Insider

Chrysler has ditched the Town & Country name for its minivan, replacing it with “Pacifica.” The new vehicle was revealed in Motown.

Chrysler has ditched the Town & Country name for its minivan, replacing it with "Pacifica." The new vehicle was revealed in Motown.

Scott Olsen/Getty Images

It’s big. It’s bold. It’s brutish. It’s Nissan’s Titan Warrior concept pickup.

It's big. It's bold. It's brutish. It's Nissan's Titan Warrior concept pickup.

Matthew DeBord/Business Insider

But for more less-aggressive truck buyers, the new Honda Ridgeline pickup will do. It has a cult following.

But for more less-aggressive truck buyers, the new Honda Ridgeline pickup will do. It has a cult following.

Matt DeBord/Business Insider

But don’t think Honda makes low-key trucks. Here’s another Ridgeline, this time kitted out as a nasty off-road racer.

But don't think Honda makes low-key trucks. Here's another Ridgeline, this time kitted out as a nasty off-road racer.

Scott Olsen/Getty Images

Mazda’s new club racer version of the Miata. This is just about the best amateur track machine money can buy.

Mazda's new club racer version of the Miata. This is just about the best amateur track machine money can buy.

Matthew DeBord/Business Insider