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TANF TANF TANF TANF TANF TANF TANF TANF SNAP SNAP SNAP SNAP SNAP SNAP SNAP SNAP All vehicles, not previously exempted, are evaluated based on the fair market value and the equity value: Vehicles other than the households two claimed exempt vehicles are evaluated for equity value. This amount is counted as a resources. A leased vehicle is evaluated by determining the fair market value, less encumbrances. Count as a resource only the greater of the two values. Example: a non-exempt vehicle has a fair market value of $5,000. The customer owes $2,000 for an equity value of $3,000.00 The difference between $4,650 and $5,000 is $350.00 The countable resource value for this vehicle would be $3,000, the higher of the two values. Unlicensed vehicles regularly drive by tribal members on Indian land are evaluated the same way as licensed vehicles. See the vehicle resource determination chart. See manual section A-500 for jointly owned vehicle provisions. Note: Non-exempt or inaccessible vehicles owned in whole or part by the SNAP household are evaluated and counted as a resource. The entire value of the vehicle is considered accessible to both or all parties if the vehicle is not exempt or determined to be inaccessible (if sold, the equity value would be $1,500 or less). If a jointly owned vehicle is stolen or is located in another state and the household cannot access the vehicle, it is not considered an accessible resource. Examples of situations in which a vehicle may be exempt because it is necessary to carry the household’s primary source of water or fuel for heating include the following: The home does not have any utilities hooked up; or The home is hooked up to utilities, but can’t be used for some reason, such as: o there is a verifiable health risk if the household drinks the water, or o the utilities have been disconnected because the household failed to pay their bills. The vehicle exemption remains in effect until the applicable criteria no longer exist. Evaluate the following vehicles for the fair market value above $4,650: one licensed vehicle per adult household member, and any other licensed vehicles for each teenager in the household who drives to work, school, job training, or to look for work. Count only the value over $4,650 as a resource. A-550.1 Division of Welfare and Supportive Services RESOURCES Eligibility and Payments Manual Determining Vehicles as Countable Resources MTL 06/24 Nov 24