Do you count your car as part of your NW on Mint/other trackers?

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If your car is a meaningful percentage of your net worth you spent too much on it.

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Disagree. It doesn’t matter what the car’s value relative to net worth is, what matters is its depreciation relative to income.

I ignore vehicles. They depreciate so fast they're irrelevant to FIRE timeline, and anyway not an asset I can liquidate to pay expenses (still would need a car)

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I did mostly so mint would stop telling me my profile was incomplete.

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Absolutely. It’s easy to get your car’s current value through Carvana. No reason not to do it.

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I track the loan but not the car. It’s a depreciating asset, I don’t intend to use it as a savings vehicle (pun intended) so there’s no reason to count it as one

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Lol fair point

Yes, it is an asset (depreciating) but I usually have another calculation which only includes my investable assets (cash, equities, crypto, etc).

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For personal tracking, no. For applying for loans where they ask assets I would.

No cuz my car isn’t going to help me get any closer to retirement

Well it might drive you to a retirement home…

Yes. It's truly part of my "net worth." But I also do the math and remove it for a gut check once in a while.

Agree. It also doesn’t move the needle when talking about FI numbers

Yes, I value it at $1000. I paid $1000.

Mint says it's worth $7500 but I take the conservative approach

My cars are worth about $27k (no loans), I include them in Mint.

No that would be silly.

Yes I track the car resale value as well as the loan.

The most important reason to track your car’s value is to understand how much it actually costs to own it. I find that most people have no idea how much cars cost (hint, it’s not the purchase price)

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