In a survey carried out in South Korea in 2020 about automobiles, 77.7 percent of respondents thought that cars were 'used' not 'owned'. Respondents overall leaned towards the idea that personal ownership would decrease in the future, with rentals or leases taking over the market. According to the source, the low initial costs were the largest factor for respondents interested in renting or leasing a car.
Opinion on car ownership and its future in South Korea as of May 2020
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Trendmonitor. (July 15, 2020). Opinion on car ownership and its future in South Korea as of May 2020 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1134063/south-korea-opinion-on-car-ownership-and-its-future/
Trendmonitor. "Opinion on car ownership and its future in South Korea as of May 2020." Chart. July 15, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1134063/south-korea-opinion-on-car-ownership-and-its-future/
Trendmonitor. (2020). Opinion on car ownership and its future in South Korea as of May 2020. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1134063/south-korea-opinion-on-car-ownership-and-its-future/
Trendmonitor. "Opinion on Car Ownership and Its Future in South Korea as of May 2020." Statista, Statista Inc., 15 Jul 2020, https://www.statista.com/statistics/1134063/south-korea-opinion-on-car-ownership-and-its-future/
Trendmonitor, Opinion on car ownership and its future in South Korea as of May 2020 Statista, https://www.statista.com/statistics/1134063/south-korea-opinion-on-car-ownership-and-its-future/ (last visited November 03, 2024)
Opinion on car ownership and its future in South Korea as of May 2020 [Graph], Trendmonitor, July 15, 2020. [Online]. Available: https://www.statista.com/statistics/1134063/south-korea-opinion-on-car-ownership-and-its-future/
