PDA

View Full Version : question on car


Ralph Kramden
07-12-2003, 08:15 PM
Hi,
I'm posting anon obviously because creditors may be watching this group.
But I'm not a newbie here. I'm afraid creditors could take my car in a judgement
cause its worth more than 3k. I just paid the car off.
This may sound crazy but what if i knocked some dents in the car tore up
the upholestry I don't know what else lol to try and lower the value to under
3k would that be fraud? its worth retail about 6 to 7k..
I don't want them taking it. My attorney said your entitled to at least transportation
with an auto but only one worth about 3k in value...If only I could read
their minds. I would certainly sell it if I thought they were going to take
it..
any opinions? sllly I guess huh?
--
ralph

Gus
07-14-2003, 10:39 AM
I wouldn't do anything you can't reverse latter (maybe pull the radio,
change out the tires (junkyard tires should go for $25 ea.) or let out
half of the a/c coolant out (enough so it's not really cold, but
cool), don't run or the a/c may blow the condenser).

But, before you do anything get a real appraisal. Go to Carmax or a
local used car dealer (none dealerships) and as for a written
appraisal "cash price" Carmax will do it for free no questions, local
car dealer may charge or you may have to make up a story. Tell the
used car dealer you have just about struck a deal for a new car, but
want to make sure you are not getting screwed.

Good luck, and don't forget to follow-up.

Ralph Kramden
07-14-2003, 03:54 PM
(Gus) wrote:I wouldn't do anything you can't reverse latter (maybe pull the radio,change out the tires (junkyard tires should go for $25 ea.) or let outhalf of the a/c coolant out (enough so it's not really cold, butcool), don't run or the a/c may blow the condenser).But, before you do anything get a real appraisal. Go to Carmax or alocal used car dealer (none dealerships) and as for a writtenappraisal "cash price" Carmax will do it for free no questions, localcar dealer may charge or you may have to make up a story. Tell theused car dealer you have just about struck a deal for a new car, butwant to make sure you are not getting screwed.Good luck, and don't forget to follow-up.
--
Thanks I will, one option that didn't occur to me is trading down. there
could also be the possibility of a little cash difference which I could use.
Problem is with over 107k on the speedo could be hard to get anything decent
as a trade down. Also the car is a cadillac which doesn't appeal to the average
consumer.
--
Ralph

Complete Labor Law Poster for $24.95
from www.LaborLawCenter.com, includes
State, Federal, & OSHA posting requirements