Thread: Kidney car
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Old 09-30-2003, 01:36 AM
lrg lrg is offline
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Join Date: Jul 2001
Location: San Francisco
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The best you'll get out of the IRS as far as value goes is the Blue Book, NADA, etc. Also, you better have a good set of photos to back up the "quality" of your donation so that they'll even let you use the Blue Book. As a practical matter, if you are looking at this from a purely economic standpoint (as opposed to also considering the obvious charitable benefit) about the only time you'll win economically in donating a car is when you're donating you're cosmetically good car with the rod through the side of the block. Then the deduction value you get from the blue book price looks pretty good. Of course you can always just take a higher deduction under the GTA (Good 'Till Audited) principle.
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LRG
1987 300D Turbo 175K
2006 Toyota Prius, efficent but no soul
1985 300 TDT(130K miles of trouble free motoring)now sold
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