At which point can a car be considered as a financial asset?

[King Belieal]

Most people and situations don't consider a car tangible enough to be recognized as a financial asset. However, I believe that there are some situations that a car would be adjudged as a financial asset.

What are those situations that a car could be viewed as a financial asset?

 

[Nomad]

When your car saves you money or earns you money, it can be asset. For instance, if you rent out your car, it is asset

 

[eLdavis]

A car is often seen as a liability, but it can be considered a financial asset when it is being used to make money.

 

[Augusta]

A car can be considered a financial asset when it generates income or is used in a business context, rather than solely for personal use. If the car contributes to a business's operations

 

[Fidelia]

Some people use their cars to make delivery for their businesses and it help them make money. That's an asset.

 

[Springtime]

When a car is used to make money such as renting it, use it for delivery, the car can be considered as an asset.