- The Washington Times - Thursday, December 28, 2006

Polar Bear Run set for Jan. 1

The Potomac Area Road Riders will hold their 24th annual Polar Bear Run on Monday.

Registration for the motorcycle ride will be at the Sign of the Whale Restaurant in Loehmann’s Plaza shopping center, 7279 Arlington Blvd. (Route 50) in Falls Church from 9 a.m. to 11:30 a.m. The ride will be about 90 miles. For more information, call 703/573-1616, or Ed Bugash at 240/793-2991.

Chrysler to halve vehicle turnout time

DaimlerChrysler AG’s Chrysler Group aims to cut the time it takes to develop cars and trucks by as much as 50 percent, according to the Detroit Free Press.

To reduce the time of bringing vehicles to showrooms, the company would probably use more components such as chassis, motors and parts from existing products. This would cut costs and allow the company to quickly adjust to buyers’ preferences.

Triumph Daytona 675 wins global honors

The Triumph Daytona 675 is the International Bike of the Year, winning praise from the professionals for its performance, looks and handling.

The bike won the prestigious poll by a comfortable majority. It was recognized as the premier high-performance motorcycle on the market.

The machine cruised past the 2006 competition, amassing more than twice the number of votes of any of its rivals. It was awarded the maximum votes by six of the 15 leading motorcycle magazines that participated in balloting.

Find out about giving a vehicle to charity

People wishing to donate a vehicle to charity for tax purposes can still do so, but with a lower limit on the value actually claimed. Until June of last year, donors could cite the industry Blue Book value when giving a vehicle to charity. But the government tightened its rules.

Now $500 is the most a donor can claim initially. If the charity sells the vehicle at auction for more money, it notifies the donor for tax purposes.

Donated vehicles with a value of more than $5,000 require an independent appraisal.

Most important: Donors who want a deduction for a vehicle must get a validating receipt from the charity of their choice.

For more information, call the IRS at 800/829-3676 between 7 a.m. and 10 p.m. weekdays or go online at www.irs.ustreas.gov. Search for “deducting vehicle donations.”

NADA operates donation site

The National Automobile Dealers Association offers an online vehicle donation site as a resource.

Internet visitors to www.nadaguides.com can click on the “Donate Your Car” link in the Selected Resources box and fill out basic information and details about the vehicle.

A favorite charity can be selected from a list of more than 200 accredited nonprofit organizations.

NADA will assist with the paperwork and pick up a vehicle at a donor’s home or office.

Mail items of interest to Auto Notes, care of Bill O’Brien, The Washington Times Copy Desk, 3600 New York Ave. NE, Washington, D.C. 20002. Or send items of interest via e-mail to bobrien@washingtontimes.com. The deadline is 5 p.m. on the Monday before the date of publication.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide