Single Joint Expert Classic Car Divorce Valuations
It is a sad fact of life in divorce that, once trust has broken down between the parties, the divorce process centres on conflict. Travelling the UK and Europe providing independent, trustworthy valuations for marital assets such as classic cars and motorcycles is a big part of my work.
As a member of the UK Register of Expert Witnesses, and having been through my own somewhat challenging divorce, I am highly familiar with the issues faced by divorcing couples and am regularly instructed by UK divorce solicitors to prepare classic car divorce valuation reports for Financial Dispute Resolution (FDR) hearings. My expertise has helped countless divorcing couples to resolve their affairs and finalise divorce proceedings.
I am happy to work as a sole/party expert or a Single Joint Expert (SJE). All of my Classic Car Divorce Valuation reports conform to the Family Procedure Rules (FPR) Part 25. My highly detailed divorce valuation reports have covered all sorts of vehicles including vintage and classic cars in all conditions (often modified or partly restored), racing and rally cars, motorcycles of all ages, and larger vehicles including motorhomes, tractors and commercial or military vehicles.
I am available for work across the UK and Europe. I can also create desktop valuation reports, often based on very little information when parties hide vehicles, research sold or devalued assets or investigate claims of lesser condition. I can also work with Legal Aid funding.
Why use a recognised expert for Classic Car Divorce Valuations
There are many reasons to use a classic car expert valuer to value classic car marital assets as part of a divorce. Most classic cars are managed by male partners, who quite often undervalue these assets to begin with. This leads to much wasted time in court and uncertainty about what they are truly worth. The lack of trust feeds into the entire settlement discussion and leads to much higher legal bills. Using an experienced expert from the start mitigates much of this.
I have seen a wide range of valuation reports over my time and some are entirely worthless – a single page with no market comparables. My reports are lengthy and detailed. Many owners reach out to auction houses for a market value estimate and this is a major no-no. Classic cars presented at auction typically sell for much lower sums and auction estimates should not be used in divorce. As classic cars are marital assets, both parties have a say in how the assets are valued (and sold, if needs be) and the difference between bottom end auction estimates and true market values can be significant.
Men should be very aware of the advantages of using an expert to value a car. I take account of current market conditions and can also adjust for technical or condition issues. Cars in lesser condition can be valued correctly and dealer or auction commissions can also be deducted, giving an accurate net return to the parties, rather than an inflated dealer asking price, which the other side may suggest as appropriate, sometimes to damage a party’s overall credibility. Taking an expert valuation into court demonstrates your desire to settle things professionally and amicably.
Classic Car Divorce Valuations for Court
My experience as a Court Expert Witness in the classic and modern car space includes classic car valuations in all conditions, provenance and history research, finding comparables, disputes over restoration work and more. I support solicitors and counsel with specialist information and research in case preparation.
Single Joint Expert classic car divorce valuation report costs are agreed in advance and split 50/50 between the parties. Contact me to discuss your divorce case in confidence. I am also well known as a valuer of classic and vintage motorcycles and am a highly respected expert on classic Porsche cars.
Blog Posts on Classic Car Divorce Valuations
What my customers say about my online Classic Car Valuations:
john@classic-car-valuations.com
PHONE/WHATSAPP
07565 348453
HQ
1 Percy Road
Woodford Halse
Northants NN11 3RN
Hours:
Monday-Thursday: 8AM - 5PM
Friday: 8AM - 1PM
Valuations EXPERT
Classic Car Valuations Specialist is part of Specialist Car Valuations Limited: UK company number 07983578. Values on this site are an opinion: markets can go down as well as up.