[Mgs] LBC Valuation in Divorce

[dave n]

put them on ebay with a rediculously high reserve. and see where they end up.  that won’t cost you anything.



From: daybell7--- via Mgs 
Sent: Friday, September 9, 2016 5:20 AM
To: mgs at autox.team.net 
Subject: [Mgs] LBC Valuation in Divorce

Help please!

I feel I know the fair market value for my cars - basically the price I’d sell them for.  I also have them insured for a greater value due to the incremental way insurance is sold.   Wife thinks they are made of gold.

I’ve owned LBCs for 35 years (not current cars) and done all work except paint.  I usually struggle through repairs but finally manage.  

I think I know the best way to find the valuation is to hire an appraiser, but short of that, does anyone have experience or thoughts how to handle LBC valuation in a divorce?   

I have four cars, ‘72 MGB, ‘68 BGT, ‘73 TR6, ‘59 Minor.  One solution is to pick and choose -  I get two and wife gets two.  

TR6 and MGB drivable.  BGT & Minor not drivable.  Paint on Minor original; all others over 10 years.  Tires on all over 10 years.  

Thanks for input (even humor).
Steve Hughes
Gainesville, FL





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