Excerpt from Term Paper:

...... Rules regarding donations have changed drastically over the years. In previous years, all one would need to do in order to donate a vehicle was to claim the market worth of the vehicle to the charity receiving the donation. They would then give you the paperwork necessary in order to claim the donation in ones tax returns for that year. However, in more recent years, this system has changed thanks to people who had been abusing the chartable donation tax breaks. People wanting to cheat on their taxes had been claiming their cars to be worth more than market value; this then ended up costing the government millions of dollars. New restrictions limit not only the owner, but also the charities receiving the donations as well. The actual deductible amount now depends on the worth of the vehicle, along with how the receiving charity uses that said vehicle. All vehicles, including not only cars but also used panes and oats, are more limited as tax deductions when they exceed the amount of $500. Today, if ones vehicle is worth more than $500, the actual tax deduction is based on how much the charity actually sold the vehicle for. However,

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