Donate a Car
How Much Can I Deduct?
When you donate a car you may deduct the fair market value when filing your taxes. You can determine this value using tools like Cars.com's Used Car Values calculator.
The actual amount you are able to deduct is dependent on what the charity does with the donated vehicle. Your charity could do one of the following:
- Sell the vehicle Your deduction is limited to the gross proceeds the charity receives from selling the vehicle. If that amount is less than $500, you may be able to deduct the fair market value up to $500.
- Make use of the vehicle, make a material improvement to the vehicle or sell the vehicle to a needy individual for below fair market value You may be able to deduct your vehicle's fair market value on the date you donated it.
Example Scenarios From the IRS:Examples
Select a featured charity to launch the V-DAC-sponsored donation wizard:
Why Donate Your Car to Charity?Make a difference
Your charity will receive up to 75% of the vehicle's sale price — better than most donation programs.Get a Tax Deduction
Deduct your vehicle's "fair market value" - usually at least $500.It's Quicker and Easier Than Selling
Schedule fast pickup — you don't even have to be there!