Is zakah obligatory on cars prepared for transporting goods?

The questioner:
May Allah reward you with good and do you well. A person owns cars for transporting water, vegetables, refrigerated goods, and passengers. Is there zakah on these cars, and what is the amount? Yes. A person owns cars for transporting water, vegetables, refrigerated goods, and passengers. Is there zakah on these cars, and what is the amount?

The Shaykh:
There is no zakah on cars prepared for hire.

The presenter:
You mean the cars.

The Shaykh:
Cars, yes.

The presenter:
Yes, yes.

The Shaykh:
Cars used for hire and transport, whether transporting passengers or goods, have no zakah in themselves. However, if he receives some of their fares and a lunar year passes over them while he possesses them, he pays zakah on them. He pays zakah on the fares if a lunar year passes over them and he has them in his possession. Yes.