DIVORCED - What is market value on this '66?
#1
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DIVORCED - What is market value on this '66?
Sometimes life doesn't go as planned. I might need to sell my 66 and want to know what to price it at. I thought that I could get some help here. I would put in a regional picture post and maybe corvette trader as well as some internet exposure. Here are the specifics:
1966 roadster with matching numbers engine and muncie 4 speed. Motor is L-79 (327/350) and runs very well. It was tuned and dyno'd at 300 RWHP. The body is very clean and the paint is like glass and beautiful, although the body has a one-piece front (Grand Sport style) and the car has fender flares. The interior is orignial except for radio and all gauges work.
Knowing this, what do you guys think is a fair asking price and what is a fair selling price? I know that the car is modified and we are entering fall. So far, I think that ~25-27K is what the car might bring, but only the market will tell.
Any help is appreciated.
1966 roadster with matching numbers engine and muncie 4 speed. Motor is L-79 (327/350) and runs very well. It was tuned and dyno'd at 300 RWHP. The body is very clean and the paint is like glass and beautiful, although the body has a one-piece front (Grand Sport style) and the car has fender flares. The interior is orignial except for radio and all gauges work.
Knowing this, what do you guys think is a fair asking price and what is a fair selling price? I know that the car is modified and we are entering fall. So far, I think that ~25-27K is what the car might bring, but only the market will tell.
Any help is appreciated.
#2
Melting Slicks
Depends on how quickly you need to sell. The price might be fair, but there is a much smaller pool of buyers looking for car with obvious modifications. The more time you can take, the higher a price you can expect.
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Actually, the divorce is final and I kept the Vette, I just had to give her things in order to keep it. Now, I am in a money crunch and that is why I am looking to sell.
So, anyone have any ideas of value?
So, anyone have any ideas of value?
#7
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Originally Posted by INMYBLOOD
have it stolen...
I was lucky my car was "pre-marital property"
I was lucky my car was "pre-marital property"
#8
Le Mans Master
Originally Posted by JWD01
Unless your car is specifically mentioned in a pre-marital agreement AND every penny put into the car since the marriage (including gas, oil, insurance, etc) comes from YOUR personal account (not a joint account), there is a thing called "co-mingling of funds" and that entitles her to 1/2 the value of the car. I'm not an attorney, just a guy who went through a divorce.
Anyway, BioRxOkc, I will miss seeing your car and posts if you end up selling (hey no one questions your need to do so, we have **** to take care of) but if you do sell I hope you get a good price, I agree that getting the best price for unique cars such as yours requires a patient seller, difficult when the need to sell is funds-driven.
One hting I do recall is how powerfull you engine is, and how we were left to wonder what sort of magic tricks the prior owner had used! Someone will get a great car.
#9
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Originally Posted by ctjackster
maybe not 1/2 the value of the car, but if joint funds were used to maintain pre-marital property, the other spouse might be entitled to 1/2 of the appreciation in value of the car during the marriage (but not nec. 1/2 of the overall value of the car). Same thing tends to hold true for houses too.
#10
Team Owner
Originally Posted by BioRxOkc@aol.com
Actually, the divorce is final and I kept the Vette, I just had to give her things in order to keep it. Now, I am in a money crunch and that is why I am looking to sell.
So, anyone have any ideas of value?
So, anyone have any ideas of value?
#11
money crunches tend to be temporary, don't panic because in a few months you'll get thru it and be glad you kept the vette, it is well worth more than you'll ever get in cash.
next time you get married get a prenup... she'll spend her $$ on shoes, you'll spend yours on an investment, guess who gets screwed if a divorce happens :-)
next time you get married get a prenup... she'll spend her $$ on shoes, you'll spend yours on an investment, guess who gets screwed if a divorce happens :-)
#12
Team Owner
Given the modifications, time of year (not convertible weather) and nature of sale, I would estimate $18 - $20k. She should let you buy out her half. Good luck!
#13
Senior Member since 1492
Originally Posted by PRND21
Given the modifications, time of year (not convertible weather) and nature of sale, I would estimate $18 - $20k. She should let you buy out her half. Good luck!
I'd be interested at that price.
#14
Le Mans Master
Originally Posted by BioRxOkc@aol.com
Actually, the divorce is final and I kept the Vette, I just had to give her things in order to keep it. Now, I am in a money crunch and that is why I am looking to sell.
So, anyone have any ideas of value?
So, anyone have any ideas of value?