[Mgs] LBC Valuation in Divorce

Robert Rutherford rrutherf at ucalgary.ca
Fri Sep 9 14:21:04 MDT 2016


Flip a coin. Winner keeps the coin. Loser has to take all the cars. ;-)
> On Sep 9, 2016, at 3:20 AM, daybell7--- via Mgs <mgs at autox.team.net> wrote:
> 
> 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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> 
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