PM 07-01-05: Motor Vehicles

WAG 07-01-05.

A motor vehicle is a passenger car or other motorized vehicle used for transporting persons or goods. If a vehicle has special equipment for the disabled, the added value of the special equipment is exempt and does not increase the vehicle's value.

The equity value of one vehicle per TANF unit is exempt.

When the unit has more than one vehicle, the equity value of the other vehicles is not exempt.

When the unit has more than one vehicle, exempt the vehicle that has the greatest equity value. Apply the equity value of the remaining vehicles to the asset limit unless the vehicle is inaccessible (see PM 07-01-03).