PM 07-02-05: Motor Vehicles

WAG 07-02-05

One motor vehicle is exempt regardless of value if it is:

  • necessary for employment; or
  • needed for transportation for medical treatment of a specific or regular medical problem; or
  • modified for operation by or transportation of a handicapped person; or
  • needed to provide transportation for essential daily activities because of climate, terrain, remoteness, or similar factors.

If the client's vehicle is not exempt due to one of the above factors, then exempt one vehicle with a current fair market value of no more than $4,500. Apply any excess fair market value above $4,500 to the asset limit.

Apply the equity value of all other vehicles toward the asset limit.

Long Term Care/Supportive Living/DoA Clients - Community Spouse Cases

When figuring the amount allowed as the Community Spouse Asset Allowance, exclude one vehicle for each spouse regardless of the vehicle's value (see PM 07-02-22).

If the client's motor vehicle is not transferred for the sole benefit of the community spouse and the vehicle is not exempt, then exempt one vehicle with a current fair market value of no more than $4,500. Apply any excess fair market value above $4,500 to the asset limit.

Apply the equity value of all other vehicles toward the asset limit.