No. While gifts and contributions to charitable organizations are tax deductible, gifts to family members and personal friends are not.
On a positive note, the receipt of the car is not taxable income to your daughter.
There is a federal gift tax, which is imposed on the donor (giver) of a gift valued at more than $14,000 per recipient per year. This tax is only imposed on lifetime gifts that exceed $5.45 million. These amount are doubled for married couples.
