I need the fair market value of a 2000 chevy cavilier Z24-LX 80000 thousand miles for the year 2007

ltownsend2808
0

Asked by Apr 25, 2012 at 03:38 PM about the 2000 Chevrolet Cavalier Z24 Coupe

Question type: General

I need this information for the IRS/ Our cavilier was repoed in 2007 and sold in 2010 by wells fargo and it was
added as income on our taxes. so we have to get a quote on what this car was worth fair market value in 2007
when it was repoed/ any information would be greatly appreciated.

2 Answers

Tom Demyan
179,705

I'd guess about $8000.

aztec626bf
11,005

What is your deficiency balance? This is the difference in what you owe to what the bank sold the vehicle for. This is the amount you owe and is considered income. You will be hard pressed to change this amount even with an attorney. The FTC gives banks a lot of latitude in the numbers here.

Your Answer

Add photo

Related Questions

Search Chevrolet Cavalier Questions

Chevrolet Cavalier Experts

#1 John Saffrahn
John Saffrahn
Reputation 2,440
#2 dandyoun
dandyoun
Reputation 1,140
#3 FordNut
FordNut
Reputation 980
View All

Related Models For Sale

Used Chevrolet Malibu"
649 Great Deals out of 53,865 listings starting at $500
Used Honda Civic"
496 Great Deals out of 61,181 listings starting at $1,350
Used Chevrolet Impala"
465 Great Deals out of 30,020 listings starting at $1,236
Used Ford Mustang"
305 Great Deals out of 42,689 listings starting at $1,999
Used Honda Accord"
663 Great Deals out of 75,371 listings starting at $1,400
Used Ford Focus"
684 Great Deals out of 66,451 listings starting at $1,100
Used Chevrolet Camaro"
189 Great Deals out of 25,468 listings starting at $2,500
Used Toyota Corolla"
991 Great Deals out of 72,202 listings starting at $1,499
Used Chevrolet S-10"
9 Great Deals out of 1,598 listings starting at $2,500
Used Nissan Altima"
759 Great Deals out of 80,209 listings starting at $1,200
Used Pontiac Grand Am"
1,891 listings starting at $1,500
Used Nissan Sentra"
561 Great Deals out of 44,013 listings starting at $1,850