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2007-03-14 02:50:29 · 5 answers · asked by taranto20 2 in Cars & Transportation Buying & Selling

im declaring bankruptcy and my lawyer said i need a written apprasil to show the car is worth less then what black book says in order to keep it, because at black book price i have to much equity in it

2007-03-14 03:16:55 · update #1

5 answers

Get it appraised at Carmax for free. Their appraisals are printed out for you and are so ridiculously low you'll love it.

They once offered $1000 for my parents car (KBB trade-in value was $2000).... they ended up getting $3000 in an insurance settlement.

2007-03-14 03:52:09 · answer #1 · answered by Anonymous · 0 1

I would suggest not going to a dealer...what they are going to tell you is trade-in value for your car - not what you would get if you were to sell it outright (which is usually at least a few grand more). I'm not sure where exactly you could go, but dealership is not the way (although, you could go to the dealerships after hours and cruise the lots and see if you could find something very similar to your's and see what the sticker is on it).

If this is a bankruptcy attorney that you are dealing with...perhaps he could recommend the name of an appraiser. Actually...ya know, I just whipped out my phone book, went to the yellow pages, and there are several listings for appraisers in mine...in some of the expanded listings, it does say they do vehicles, some 'all types of property.', etc. You just need to put some effort into looking.

2007-03-14 02:59:37 · answer #2 · answered by Sunidaze 7 · 0 0

Carmax

2007-03-14 02:57:44 · answer #3 · answered by chrisisdifferent 2 · 0 1

Call your local dealer they will do it for you. They may charge a fee so call around and try to get a dealer that handles the same make as your car.

2007-03-14 02:54:46 · answer #4 · answered by countryboy 3 · 1 1

go to a car dealer and act like you want to make a deal on a new car. during the process they will appraise your car and you will find out the true value in your area.

2007-03-14 02:55:05 · answer #5 · answered by SKYDOGSLIM 6 · 0 2

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