OT Questions

no1biscuit · 10-31-2002, 05:17 AM

I am going through the big "D" and the wife has decided for the both of us that I must sell my baby. I don't know how much it is worth. This may need to go in the sale area but I am not technically selling it until I have a price so "Moderator" don't even think of moving this post. So here are the specs.
86 951
160K
dirty title from a few owners ago.
Problems (Known)
PS leak - everyone has one
Seat wear
Cracked Dash - usual
heater not working - will be fixed
Oil pan gasket - doesn't drip on the floor
Washer resivor leaks.

So what do you think it is worth.
Thom

Z-man · Z-man's Garage

Thom,
Sorry to hear of your troubles. (Don't worry, I won't move this thread....)

Couple of questions for you:
1. When was the last time the timing belts were done?
2. How old is the clutch?
3. What mods do you have?

A 951 in decent or near decent shape should fetch under $10. (Seat of pants estimate).

Is the big "D" final, or is there any possibility of reconciliation? I don't know your story, but no matter what, it's always a difficult thing to go through. Hang in there....

-Zoltan.

no1biscuit · 10-31-2002, 05:56 AM

I have had the car for about two years. Supposedly the belts where replaced right before selling it to me (No Receipts). Also the turbo was replaced. I replaced the clutch probably 2k ago. Both control arms 2k ago. I have every receipt of service since I have owned it. Everything is stock except for I put so Autothority Stage II chips and a banjo bolt. The chips where installed 300 miles ago. One last problem is the Airbox screws are stripped.
I am thinking 6,000 would be a fair price but I don’t know.

On the other topic. The big “D” is final. There are no questions about that. Hopefully I will be moving into a new home or apt. in the next two weeks. I talked to the Attorney yesterday and the wife and I have already agreed on most everything even custody

Z-man thanks for protecting my post and I WILL HAVE ANOTHER P-CAR SOON.

AFJuvat · 10-31-2002, 09:42 AM

Sorry to hear about that No1.

Hopefully things will be as "friendly" as possible.

Based on what you told me about the car, I would venture to guess you are in the ballpark. say $5500 - $6500.

Slap $7000 OBO on it and see what happens.

AFJuvat

todwic · todwic's Garage

What is SHE selling? Don't answere that. Being the child of D'd parents, I know the coldness that is woman. My 2&cent? Don't give in, don't cower down, get the best lawyer you can afford. Find a chick half her age, and pee all over the house b4 you leave. Chivalry has no business in D proceedings.

Best of luck no matter what.

fty · 10-31-2002, 08:23 PM

ARGGGG that makes me angry....suckubus.......I agree with todwic....

no1biscuit · 11-01-2002, 04:49 AM

todwic,
You the man. I would get the best lawyer in town and clean her out, but I love the kids. I am just trying to make it as easy as possible for them. I will sell the 951 and in a year I will get another and pull it in her driveway and have sex on the hood with someone half her age though (you can take that to the bank.)

Anyway does everyone agree that if I post on the forsale side of this BBS at a price of 6k one of you will give her a good home?

Thom

Trevor · 12:23 PM

Sell it to me for a dollar, when the divorce is final I'll give it back to you. It's legal and she gets her $.50, and everyone is happy.
Scratch that, I'm wrong.

Moneyguy1 · 11-03-2002, 06:24 PM

Four years before my divorce (in 1987), I moved out because the ex decided she "needed her space". She got sick and wanted me back. Three years went by and she wanted me out again. I was devestated and sought help. The advice from both lawyer and a minister(a woman minister by the way)? Her turn. I lived in the rec room for six months, took out a second mtg to "pay off" her half of the house equity. Guess what? The two girls decided to stay with good old Dad. They were in their teens.

Some women will use a father's love for his kids to get what SHE wants. Women can be more conniving and materialistic than most men are capable of understanding. On the other hand, a few years later I met a lady whose ex hubby was a philanderer. We went together for years (very cautious) and we are married now and i have never been happier.

Why has SHE decided you have to get rid of a $10k car? I had two hobby cars when I got divorced; The other attorney mentioned them and mine simply told him he had better not even go there since hobby material is considered personal property. I still had them when she moved her sorry a$$ out. BTW: If your worse half works and has a retirement plan, if she wants part of yours, get part of hers. Fair is fair.

Sorry, man. You NEED that killer attorney, and there is no reason in hell she should be dictating terms. Take that from someone who has been there, done that, and lived to tell about it. Oh, BTW..I am debt free and retired. How's that for a recovery?

Look out for you first. You may think you are sacrificing for the kids but ask yourself what will they think if you simply roll over and play dead? Kids are more astute than you realize.

no1biscuit · 11-04-2002, 05:28 AM

Very well put. Here is the underlying story. We have about 3-6k in Credit Card Debt. I also want very much to keep the new house that we just had finished being built in May 02. She has agreed to let me have the house (with some financial agreements on selling in the future). Thus with one income and paying Child support I can not afford maintance and half of the debt as well as a high house payment. Something must go. If I sell the car. I can pay for debt and buy some furniture for the house (Not plastic lawn furniture or bean bag couches, no offense). I can always buy another one down the road. Like a turbo s or a 968 or maybe even a 930. I have yet to put it in the paper because I know that someone here will be more likely to give it a good home. You all are great. I appreciate all of your kind words.

Z-man · Z-man's Garage

no1biscuit:
Wise choice in selling the car to keep the house.

Now, I wish I can convince my wife that I need a 951 instead of a new kitchen in our house! Then again, if I just showed up with another 944, I'd be moving in with you, no1!!

Seriously, I love my wife,
-Z.

overkill · 11-04-2002, 06:51 AM

DAMN!!! If I lived a bit closer and had $6000 I would take it from you. I want my 951 so bad

no1biscuit · 11-04-2002, 07:05 AM

what if I drove 10 miles in your direction and you have 5K?

overkill · 07:15 AM

Argh, don't let me fool you

I'm trying to fix this I have and get rid of my debt at the same time. As of now I'm broke. You said you are going to have it for another year before you sell it? I hope to sell my car by then. We'll talk then

I'm just waiting to grab up a 1000+ to get my head rebuilt so I can sell this friggin car. Till then. PLUS! You live like 20+ hours away

Moneyguy1 · 11-04-2002, 09:30 AM

Thom:

Thanks for the clarification. Probably the real reason I am concerned is because I still am a financial consultant (hence the moniker "Moneyguy") and have worked on a number of these unhappy situations. And, having been there myself heightens the concern. Is there a reason she has custody of the children? (You do not have to answer, just something to think about).

The credit card debt should be a lesson to everyone. It will always bite you in the a$$ in a stressful situation. You seem to be handling the thing in a reasonable manner. Although I would recommend one thing. In the future sale of the house: Make certain that her "share" is not based solely upon the sales price of the house. If possible, it should be based upon the value of the property as of the date of the final decree. "Fifty percent of the equity value or $xxx whichever is less" Otherwise, she profits from any increase in value due to time and inflation. Also, as much as you love the house, it will contain "ghosts" and it might not be a bad idea to consider selling it AFTER the divorce and purchase something else where you and your psyche can start fresh with no memories. And, as a result of this, her share is held to a minimum.

The way it works in most cases is there are two parts to a home. First, the mortgage, or loan, and second the built up equity. The equity part is what is divided between the two parties. If, for example, the equity in your home is 20k, you might be able to take out a "home improvement loan" and pay her the 10k and be finished with it. In this case she would have to sign a "Quit Claim Deed" removing her name from the title. Since I do not know the specifics, I do not know if this is an option.

In any case, I wish you the absolute best. You sound like a decent guy who wants the best for his kids and still has some feelings for their mother. The only thing I can share with you is what a good friend told me years ago: "Someday she will only be someone you used to know."

Bob S.

John_AZ · 11-04-2002, 10:57 AM

Question to Moneyguy#1. If both parties signed the mortgage papers, both parties are responsible. I do not believe a Quit Claim Deed-either party, is the best way to go. Make it a clean break and don't screw up your credit. ?????????

overkill · 11-04-2002, 11:13 AM

It is true if you own the house before you get married she can't touch ****! That is true right?

John_AZ · 11-04-2002, 11:46 AM

Appreciation $$$. But I digress, why hasn't any one brought up the dirty title? Is it a salvage title or a DMV claim title with a confiscated vehicle from a drug bust? on and on

Rot 911 · 11-04-2002, 12:56 PM

Save the flames here, but I am an attorney licensed in Missouri and admitted to practice before the U.S. Supreme Court. Now to answer a couple of the posts here. First Trevor posts "Sell it to me for a dollar, when the divorce is final I'll give it back to you. It's legal and she gets her $.50, and everyone is happy." Answer: Wrong! Nobiscuit would still owe his wife 1/2 the fair market value of the car. Next Overkill writes: "It is true if you own the house before you get married she can't touch ****! That is true right?" Answer: not necessarily. While a house could be premarital property, it would be difficult to show that over the intervening years the other spouse did not contribute to the value of the house either thru house payments, payments on other marital property etc. This is a purely factual argument that would be left up to the Judge to determine. Finally John AZ posts: "Question to Moneyguy#1. If both parties signed the mortgage papers, both parties are responsible. I do not believe a Quit Claim Deed-either party, is the best way to go. Make it a clean break and don't screw up your credit. ?????????" Answer: What the Quit Claim Deed does is remove any claim the wife may have to any equity in the house. It does not remove her from being liable for mortgage payments should Nobiscuit decide not to make the payments. The only way to get her name off the house, liablity wise, is for Nobiscuit to refinance the house. However, regarding the value of the car, John AZ brings up a very pertinent fact: what is the deal with this "dirty title?" That could reduce the fair market value of the car dramatically. This last is directed to Nobiscuit personally: I do a great deal of divorce work. Don't make any hasty decisions. If you are not sure what your attorney is doing, ask him. Finally, as I have a soft spot for fellow P-Car owners, even water pumpers, feel free to send me a PM or e-mail, if you have any questions, no charge!

overkill · 11-04-2002, 01:15 PM

I CAN SOLVE ALL YOUR PROBLEMS RIGHT NOW RIGHT HERE!!! DON'T GET MARRIED!!!! HA HA!