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Is my car considered an asset If I still owe money on it 2024?

Olivia Phillips | 2023-06-13 10:01:58 | page views：1652
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Julian Lopez

Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
Both. If your car has any value, it is an asset. If you owe money on the car, the money you owe is a liability. When you subtract the money you owe on the car from the car's value, that is the net worth of the car.Jun 27, 2011
2023-06-20 10:01:58
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Julian Cooper

QuesHub.com delivers expert answers and knowledge to you.
Both. If your car has any value, it is an asset. If you owe money on the car, the money you owe is a liability. When you subtract the money you owe on the car from the car's value, that is the net worth of the car.Jun 27, 2011
Is my car an asset or a liability? - Q&A - Avvo
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