Need to prove to lawyers (for a divorce) that a tracked car is worth less than a Kelly Blue Book estimate. I have a 996TT with 30k miles of which 3k are tracked. My lawyer wants "proof" that this affects the value of the car. Any suggestions? TIA!

(BTW- I thought everyone just "knew" this fact) <sigh>

 

Lol, call our local dealer (aristocrat motors). They told the bank a local GT3 was not worth anything because it had been on the track. Probably because the owner did not have it serviced there.

 

maybe you could throw a DME report at them and see if it will suffice?

 

Divorces are so damn fun.

 

I don't think there is anyway you are going to be able to prove that, it is so subjective, unless you put your TT into a tire wall...

 

You could always post it for sale, fully disclose that the car was tracked and show the lawyer all of the low ball offers you receive and then compare those offers to the asking prices of non-tracked 996TTs

 

Just get it appraised. Simple. There are people that this.

 

I am pretty sure you could get a letter from a local P-dealer stating as such.

 

The problem is he needs to be able to quantify the difference between a car that has been tracked compared to one that hasn't . It is not enough just to have a letter stating "it makes a difference" he needs hard numbers so he say the car is worth $$ not $$$ due to it being tracked.

He still needs actual offers to purchase the car or an appraisal to "prove" the value.

And my guess is that the dealership will not put anything in writing due to any possible liability that could arise.

IMHO

Or if the price is right, you could sell the car to me!

 

This could be a tough one. It depends whether the "value" of the car is defined by what someone will pay you for it, or what's listed as the KBB value. The former is the real value, but you can't prove that unless you actually sell the car. Before then, it's just theoretical. Unfortunately in your case, KBB doesn't have a factor for track miles, although they probably could if they wanted to.

As an aside, what do folks here think is a reasonable adjustment for track miles? 2, 3 or 5 to 1?

Good luck!

 

Tell the d i ck hea d to buy it from you at full kelly retail blue book

 

Even a better idea, use a Yoda mind trick. Tell the lawyer of course he's right it's worth high retail Kelly blue book (you know they're never wrong) and your soon to be ex-wife can have the car as part of the divorce settlement, you take cash instead and then you go buy a new one. Two other take away lessons. Don't get married again and get a dedicated track car.

 

I suggest going to carmax and getting it appraised. That will give you a reasonably accurate assessment of what that car would fetch.

 

Sounds like working things out with the wife might be easier than resolving this dilemma, good luck with it, and the rest of the proceedings.

 

I suggest taking it to Carmax and getting rid of it. She can have half of the $10,000 they'd give you

Either that or sell it to one of your track buddies for next to nothing and buy it back after the dust settles.