Consumer perception of car ownership financial accessibility by country 2022
In 2022, a survey conducted in 18 different countries asked consumers about the financial accessibility of car ownership. Most of the respondents in the 18 countries believed car ownership to be achievable only through financial sacrifices. Fifteen percent of participants across these 18 countries believed car ownership to be the preserve of wealthier individuals. Out of the 18 countries, 43 percent of Turkish participants believed car ownership to be feasible only for wealthier individuals. China, on the other hand, had the highest rate of respondents who perceived car owership as achievable for everyone.