96DXCivic
96DXCivic Reader
6/4/09 3:48 p.m.

Let's say I get a car from my sister from my sister for free. What would the fair the fair market value of the car be? A dealership offered her something like $400 to $600 for it. I can't quite remember. Would this work as a starting price for the challenge?

John Brown
John Brown GRM+ Memberand SuperDork
6/4/09 3:58 p.m.

Pictures, description, etc.

aussiesmg
aussiesmg Dork
6/4/09 5:27 p.m.

Use similar cars on eBay as a valid price line but bring a few examples to verify.

96DXCivic
96DXCivic Reader
6/4/09 6:25 p.m.

Well it is a '92 Civic EX 4 door with 250k miles that has lived in Chicago for a while so it has a little rust and a lot dents. It also has a slipping clutch.

Per Schroeder
Per Schroeder Technical Editor/Advertising Director
6/4/09 7:37 p.m.

Yea, you have to assess fair market value for something like that. $500 seems reasonable.

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