The Kelley Blue Book is No Longer the Last World in Deduction and Appraisal When Donating an Auto to Charity
There was once a time when the Kelley Blue Book was used by most people when they were looking up what to value their car at when taking deductions at the end of the year for donated vehicles. However, since 2005, IRS regulations have much more clearly stated how one can value a vehicle that is donated to charity.