Donate Your Car, Tax Deductible All car donation proceeds go to Vietnam Veterans charity. Donate your car, truck or van online today and help.Charity Motors is a tax deduction, car donation program that guarantees full fair market value of your vehicle. Proceeds help aid the charity of your choice.Get the most from your charitable car donation. Our job is to maximize the value of the donated vehicle, as this provides the donor with the best possible tax deduction, and the non profit organization with the highest possible return on the donated car or truck..IRS Car Donation and Tax Information. A car donation to charity can be a great way to get a deduction on your ta Thanks to new tax law that went into effect in January , the IRS has taken the guesswork out of determining the value of your car, truck, RV, boat or other vehicle..
The deduction is available on new vehicles purchased from Feb. , , through Dec. , . In states that don’t have a sales tax, the law provides a deduction for other . However, if you use the car for both business and personal purposes, you may deduct only the cost of its business use. You can generally figure the amount of your deductible car expense by using one of two methods the standard mileage rate method or the actual expense method..