The maximum amount you will be able to deduct is the fair market value (FMV) of your vehicle on the day you donate it. The actual amount of your deduction will be limited to the FMV on the day you donate your vehicle or the final sale price, which ever is less.
The final sale price of your vehicle will be included in the forms we’ll send to you after selling your vehicle. CG will sell the vehicle at the FMV of the vehicle after all repairs are completed. Typically the FMV of the vehicle will increase after all repairs are completed.