Planes, trains, automobiles, oh my! So, you have decided to donate your clunker car, truck, motorcycle, boats, jet skis, farm equipment, or construction equipment which are taking up space in your garage, barn, driveway or storage. Keep in mind, one of the several benefits of donating to our program is the tax deduction. Below you will read, the top tax tips for donating a car or vehicle to Yellow Ribbon Vehicles.