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Car Donation - How To Turn Your Old Worn-Out Car Into A Nice Car Donation Tax Deduction! If you're thinking about a charity car donation I'm going to outline some of the facts you should know. You can receive a nice IRS tax deduction for your old car or used car and help someone in need in the process. Car Donation - Quick Tips To Help You Donate A Car Cars and other vehicles can be donated at any time of the year, from anywhere in the United States. Looking For The Best Charity Car Donation Program? In the new tax law, regarding the fair market value section, there are some exceptions, for example, you can base your deduction on the fair market value of the car or vehicle if the charity sells it to someone in need at a discounted price or if the charity uses the car as part of its charitable plan instead of selling it. Car Donation - Secrets To Getting The Most Money Out Of Your Charity Car Donation For vehicle values of less than $500, the value of the tax deduction comes from the donor's own estimate of the car's value, even if the charity receives less money when they actually sell the car. Car Donation - What You Must Know About Choosing The Best Charity Car Donation Program Today in the US it's possible to donate a vehicle (usually a car, but it can be a truck, boat or any other type of transportation) to certain charities, and in return be able to claim a tax deduction on your income tax return.