car donation: method used to determine value

[gjmoneypants]

I donated my car and the donee sold the car.  I received a 1098-C complete with "Gross proceeds from sale."  TurboTax asks for the "Method Used to Determine Value."  There is a pulldown menu and the user has to choose from the following:

No entry

Appraisal

Average share price

Catalog

Capitalization of income

Comparative sales

Consignment shop value

Present value

Replacement cost new

Reproduction cost less depreciation

Thrift shop value

Which of these is the right choice when the gross proceeds from sale are provided by the 1098-C?  I suppose it's "Present value?"  Thanks.

[ColeenD3]

Present value works. That is the amount they sold it for, so that appears to be the most accurate response.