04-07-2008, 08:05 PM | #26 |
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Re: blue book pricing
I agree with shane & also on another note... The further a vehicle is disassembled the less it looks like a vehicle. They will be less interested in a pile of parts than one complete.
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04-18-2008, 04:54 AM | #27 |
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Re: blue book pricing
well what do we all think to the wife here claiming that the truck has a 15 grand value? That's what she has down on her itemization list for the divorce proceedings
How do you guys suggest i get this appraised honestly? I don't plajn on taking it apart .............I just have suspended the build. At least for now. It is ready to fire over this weekend, which i will do..............
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69 K-20 cloned to a 67 with front clip and some other stuff. 383 .040 over Crane roller cam lifters and rockers ,1.6 intake ratio, Open chamber heads, 9.5-1 compression ratio, 2.02 intake valves , Edelbrock performer Air Gap manifold Carter AFB performer 750cfm, MSD ignition, SM465 NP205 4.10 gears: |
04-18-2008, 06:48 AM | #28 |
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Re: blue book pricing
I think you need a good attorney.
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04-18-2008, 07:06 AM | #29 |
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Re: blue book pricing
Let me tell you from experience: Push for mediation. You can save a hell of a lot more in atty fees than what you are trying to secure in the truck.
Also, I agree that the less assembled the truck the better for you right now. Last, whether it's mediation or trial, always be more prepared that the other side. Put together all the documentation you can to support your position. What's important to her? Her ring? Furniture? Her car? Be sure you know how much those are worth. ...I still have all my tools and my babies Last edited by Frizzle Fry; 04-18-2008 at 07:08 AM. |
04-18-2008, 01:56 PM | #30 |
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Re: blue book pricing
They can`t take the value of the sum of parts and figure that as the value.It just doesn`t work that way and we all know that.You pay $100 for a single part,then need to sell it,who`s going to give you $100?More like $75.Now,take $10,000 in parts and see what you get.Will it sell for $7,500?You`d have a tough time finding a buyer at $5,000.
I guess you need to find an appraiser that will price a project,not that any would truly be qualified.I`m sure you`d get a wide range and no two prices the same no matter how many look at it.How did your wife`s side establish the $15,000 value?If she`s pulling that out of her ass-ets calculater she`s sitting on,she`s going to look silly.I`d get more than one appraisal.Truly,we are your best appraisers right here.But,I`m sure they`d call "bias" on us.I mean,where else can you go and get "real life" values from "real life" experiences pooled into one source?Divorce is "real life",after all. Let`s say you put it up for sale for $15,000.Will her side wait until hell freezes over until it sells for that to get their $7,500?With a time limit it becomes a "fire sale" and the price would be below market.Aren`t most sales of assets involved in a divorce considered "fire sale" materials?I know they`d just want to grab the $7,500 off of your share of her assets and other common property that you are entitled to 1/2 of.But,it still makes a good example.And,aren`t our courts supposed to be obligated to fairness?Isn`t the whole 50/50 concept they`re using the basis of fairness?Generally,judges don`t appreciate overly inflated claims in these cases and often take that as offense to their intelligence and rule accordingly.
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"BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~ Last edited by special-K; 04-18-2008 at 02:01 PM. |
04-18-2008, 06:29 PM | #31 |
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Re: blue book pricing
Thanks once again
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69 K-20 cloned to a 67 with front clip and some other stuff. 383 .040 over Crane roller cam lifters and rockers ,1.6 intake ratio, Open chamber heads, 9.5-1 compression ratio, 2.02 intake valves , Edelbrock performer Air Gap manifold Carter AFB performer 750cfm, MSD ignition, SM465 NP205 4.10 gears: |
04-18-2008, 08:17 PM | #32 |
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Re: blue book pricing
Just sell it to me for $500 and then you have your true value. I'll even come pick it up
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04-18-2008, 08:42 PM | #33 |
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Re: blue book pricing
Don't they just want a guarantee of some sort that they will be taken care of after the divorce is final? Just offer to buy her a new car and you keep your hobby truck.
Take care, hope all things go well.
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04-18-2008, 09:55 PM | #34 |
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Re: blue book pricing
Seems to me that the money you have into it should be used for the value and you split that. If she thinks it's worth more than that, then you get a shop manual and calculate the hours of labor that YOU put into it and let the jugde decide the percentage. I think a good lawyer would probably get you more than half of what you have into on that basis. JMHO
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04-18-2008, 10:23 PM | #35 |
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Re: blue book pricing
It's very simple. If she thinks it's worth $15000, it's hers. Tell her to give you $7500 and start over.
You could get it back for under $5000, with a little help from your friends. You know nobody will pay more than that. Then with the $2500 you have left over you can buy more truck stuff.
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Adversity doesn't test your character; it reveals it. 71 C-10 LWB 350/TH350. I purchased it in 1978 for $1400. I'm currently abusing it daily. (when it's running ) |
04-18-2008, 10:31 PM | #36 |
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Re: blue book pricing
Ditto. I'll bet her attorney will use a certified appraiser and this discussion will become an accademic exercise. Blows chunks- Hope things look up for you soon.
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69 C-10 LWB, 350, 700r4, 3.73 posi-traction, front disc brakes. Built for the desert- She can take the heat! Vivat Rex Chevus! |
04-18-2008, 10:59 PM | #37 |
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Re: blue book pricing
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Adversity doesn't test your character; it reveals it. 71 C-10 LWB 350/TH350. I purchased it in 1978 for $1400. I'm currently abusing it daily. (when it's running ) |
04-19-2008, 01:18 AM | #38 |
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Re: blue book pricing
I'd say stick with what you both know....You both purchased the vehicle for $1800. Misc parts and your labor doesnt have much monetary value in court. As previously stated....you may try to get it fully insured and have an insurance appraiser come out to inspect it. I'm sure the insurance replacement value as is wouldnt be more than our initial purchase. just my $.02
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04-19-2008, 02:49 AM | #39 |
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Re: blue book pricing
PRG, how long were you married?
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04-19-2008, 03:32 AM | #40 |
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Re: blue book pricing
It's very simple. If she thinks it's worth $15000, it's hers. Tell her to give you $7500 and start over.
This about how i went about it . I had a boat , 4x4 hunting truck , 4 wheeler , and Harley . I owed money on all but the hunting truck . I told her to pay off the balance and transfer them to her name and she could have them . I told her she could have the title to the hunting truck when she drove 6 hours to get it and drove it to the house i'd give her the title . She declined all these offers on 3 occasions during mediation . In court her attorny came up with her half of the equity number , like $8800 , My attorney ask why she wanted half the equity now when she has been offered all the equity 3 times and refused . The judge ( a woman ) ask if this was true . She said yes , and they told her no to half and scratched that money completely off .
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04-19-2008, 05:03 AM | #41 |
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Re: blue book pricing
this is going to suck for a while.. be really nice and giving to her, give her anything she wants tell her if she needs anything that you will take care of it, give her money just to make sure she is ok. then when she believes that you really care about her and you will be willing to keep up this behavior after the divorce, giving her a false sence of security. get her to agree to a small settelment because youre such a nice guy. maybe get to keep your truck and your money.
best advice from a lawyer, never get married. just find some b*tch you hate and buy her a house. its alot less expensive and save yourself some heartache and time.
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67, swb, fleet, tach, throttle, 5.3, 4l60e, 3.73's, fuel cell, 5 lug, p.d.b., 4-6 drop. great little truck 66, stevens drag/ski 18' silouette, 350, 2.02 doublehump heads. comp extreme marine 278 cam, vette 7 fin valve covers, old polished edelbrock intake, velvetdrive, casale v-drive, adj cavitation plate. 28, model a rpu project, |
04-19-2008, 05:18 AM | #42 | |
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Re: blue book pricing
Quote:
Lots of good info for you here PRG, hope it works out for ya. I especially like 71Mutt's advice. If she says it's worth that much, let her have it and you take the money.
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I'm a little and a lot Ground beef: A cow with no legs. ---------------- '66 Chevy SWB "Penny" '67 Chevy Big Window SWB- aka "Pearl" '72 Burb- "Betty" "It's not a hearse dammit" '99 Chevy Ext. cab Silverado |
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04-19-2008, 05:23 AM | #43 | |
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Re: blue book pricing
Quote:
marriage was eight years. I worked long and hard through those years and aquired about everything i now have coming from a previous marriage with next to nothing cept the 61 CJ a few personal things. Now there is about 1/2 million up for grabs ready to start all over though. WITH MY TRUCK!!!!!
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69 K-20 cloned to a 67 with front clip and some other stuff. 383 .040 over Crane roller cam lifters and rockers ,1.6 intake ratio, Open chamber heads, 9.5-1 compression ratio, 2.02 intake valves , Edelbrock performer Air Gap manifold Carter AFB performer 750cfm, MSD ignition, SM465 NP205 4.10 gears: |
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04-19-2008, 05:28 AM | #44 |
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Re: blue book pricing
I hope to be able to keep this little guy also...................
Turns out that she wants 1/2 of the chickens too!!! Now my friends tell me that I will be required to pay "chicken" support! A good friend said he would turn her over to "chickens' services!!!!!
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69 K-20 cloned to a 67 with front clip and some other stuff. 383 .040 over Crane roller cam lifters and rockers ,1.6 intake ratio, Open chamber heads, 9.5-1 compression ratio, 2.02 intake valves , Edelbrock performer Air Gap manifold Carter AFB performer 750cfm, MSD ignition, SM465 NP205 4.10 gears: |
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