Car Donations - What you need to know Pt. 2

There are restricted exclusions that have been provided to a donor in which a they may claim a fairmarket value deduction. If the non-profit organissation uses the vehicle as a delivery vehicle or perhaps to transport people to destinations of purpose they may claim the full fair market value.

A donor may also claim for fairmarket value if the vehicle has been majorly repaired this does not include having the car detailed or resprayed to another color or same for that matter. This means a motor reconstruction or something of that nature that increases the value of the car.