Greetings, everyone. Picked up my first Mustang in 25 years last November, and ordered a GT350R last month. Still deciding on color. Looking forward to getting some track time in each this year.
Great board!
It turns out to be the reverse. Ford is supplying the car, which is worth MSRP. They write off that amount. The winning bidder writes off the excess amount paid above MSRP [ less auction fees ] which is either donated straight to the charity or passed through Ford to the charity.