How is the value of my car donation determined?

Answer You can determine the fair market value of your car donation by examining a variety of factors including the car's condition and features and your location. After determining its value based on a v... Read More »

Top Q&A For: How is the value of my car donation determined

How is the value of my vehicle donation determined?

Determining the value of your tax deduction for a vehicle donation is not as simple as looking up the fair market value. You must take into consideration how the charity used the vehicle.Instant Au... Read More »

How is the value of gold determined?

Gold is a commodity sold in the marketplace at a price agreed upon by willing buyers (demanding) and willing sellers (supplying).Portfolio DemandConsider demand first: gold is widely regarded as a ... Read More »

How is the value for a totaled car determined?

After an insurance company deems a car a "total loss," it then sets out to determine the value of the car by calculating a number of different factors.ACVFirst, the insurance company must determine... Read More »

How is fair market value determined?

According to FAS 157, fair market value is "the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measuremen... Read More »