Zakah on cars and how should it be paid?

Q 4: Is it obligatory to pay Zakah (obligatory charity) on cars and how should it be paid?

A: If the car is for use, there is no Zakah due on it; but if it is prepared for trade, then it is considered a commercial commodity, and so should be evaluated by the end of a complete Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) and 2.5 % of its value should be given as Zakah.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.