[conservative physics]

A car is a depreciating asset... and although VERY necessary is one of the worst investments a person can make... BUT it does have a set value at any one point in time and assuming you owe less than it's worth, it is an asset you could sell to come up with needed cash, but I wouldn't consider it a form of savings since in almost all cases it's a loosing investment.

[x5452]

So you'd agree that when planning on's financial future that regarding the car as more or less a wash financially is better than carefully calculating it's apparent value?

Personally I think it's distracting to the point to get into assets with as little and declining value.

Depending on one's home, and the finances involved I'd say the same can apply to a live-in home, although there is certainly more ability to examine that balance sheet to see if it's a positive or negative.

That is my objection to counting these sorts of assets as 'savings'.