Comments on: Carnivals galore http://blog.networthiq.com/2005/07/25/carnivals-galore/ Mon, 05 Jan 2009 23:58:03 +0000 http://wordpress.org/?v=2.6.2 By: Stevie Hardin http://blog.networthiq.com/2005/07/25/carnivals-galore/#comment-40480 Stevie Hardin Thu, 13 Nov 2008 00:55:31 +0000 http://blog.networthiq.com/?p=11#comment-40480 80bv3coa381j6lzm 80bv3coa381j6lzm

]]> By: Ryan Williams http://blog.networthiq.com/2005/07/25/carnivals-galore/#comment-21 Ryan Williams Wed, 27 Jul 2005 02:56:00 +0000 http://blog.networthiq.com/?p=11#comment-21 Jeff's right on, it's worth what you can get for it and kbb is a good place to check on that. But zeroth has a point about depreciation. If you're diligent about tracking your net worth, the car category should be updated each month to reflect the declining value. Unless of course you own a Prius, which I heard are appreciating due to the waiting list for new ones. Jeff’s right on, it’s worth what you can get for it and kbb is a good place to check on that. But zeroth has a point about depreciation. If you’re diligent about tracking your net worth, the car category should be updated each month to reflect the declining value.

Unless of course you own a Prius, which I heard are appreciating due to the waiting list for new ones.

]]> By: Jeff http://blog.networthiq.com/2005/07/25/carnivals-galore/#comment-20 Jeff Tue, 26 Jul 2005 19:58:00 +0000 http://blog.networthiq.com/?p=11#comment-20 A car is an asset equal to the amount that you can sell it for. Don’t count it as an asset if you haven’t paid for it yet. I’m guessing that most people who are serious about their net worth own their cars outright. I use the dealer trade in cost that is found on kbb.com when calculating value. A car is an asset if you can sell it, especially, if you bother to insure it. A car is an asset equal to the amount that you can sell it for. Don’t count it as an asset if you haven’t paid for it yet. I’m guessing that most people who are serious about their net worth own their cars outright. I use the dealer trade in cost that is found on kbb.com when calculating value. A car is an asset if you can sell it, especially, if you bother to insure it.

]]> By: Zeroth http://blog.networthiq.com/2005/07/25/carnivals-galore/#comment-19 Zeroth Tue, 26 Jul 2005 04:29:00 +0000 http://blog.networthiq.com/?p=11#comment-19 Personal finance blogs. Who knew? Ah, another topic to take up hours of my "free" time... Hey, I noticed people on NetworthIQ were listing their cars in the *assets* column?? I'm sorry, but a $30,000 car is not a $30,000 asset. Cars deprecate like crazy, and in my opinion after your car has reached a certain mileage it is a liability due to wear-and-tear and impending breakdown doom. Personal finance blogs. Who knew? Ah, another topic to take up hours of my “free” time…

Hey, I noticed people on NetworthIQ were listing their cars in the *assets* column?? I’m sorry, but a $30,000 car is not a $30,000 asset. Cars deprecate like crazy, and in my opinion after your car has reached a certain mileage it is a liability due to wear-and-tear and impending breakdown doom.

]]> By: FMF http://blog.networthiq.com/2005/07/25/carnivals-galore/#comment-18 FMF Mon, 25 Jul 2005 19:37:00 +0000 http://blog.networthiq.com/?p=11#comment-18 Thanks for the mention, Ryan. Thanks for the mention, Ryan.

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