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.
Self-reported perception of how financially accessible car ownership is for consumers in selected countries, as of July 2022
(in percent)
Characteristic
Achievable, but only through financial sacrifices
The preserve of wealthier individuals
Financially achievable for everyone
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Original survey question: "Do you believe that owning a car is...?"
Participants could select only one of the following answers: "The preserve of wealthier individuals"; "achievable, but only through financial sacrifices"; "financially achievable for everyone".
The sample size was of 800 participants in each countries except for France, which had 3,000 participants. The quota method was used for sampling.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Observatoire Cetelem. (October 13, 2022). Self-reported perception of how financially accessible car ownership is for consumers in selected countries, as of July 2022 (in percent) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1373482/consumer-perception-car-ownership-financial-accessibility-selected-country/
Observatoire Cetelem. "Self-reported perception of how financially accessible car ownership is for consumers in selected countries, as of July 2022 (in percent)." Chart. October 13, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1373482/consumer-perception-car-ownership-financial-accessibility-selected-country/
Observatoire Cetelem. (2022). Self-reported perception of how financially accessible car ownership is for consumers in selected countries, as of July 2022 (in percent). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1373482/consumer-perception-car-ownership-financial-accessibility-selected-country/
Observatoire Cetelem. "Self-reported Perception of How Financially Accessible Car Ownership Is for Consumers in Selected Countries, as of July 2022 (in Percent)." Statista, Statista Inc., 13 Oct 2022, https://www.statista.com/statistics/1373482/consumer-perception-car-ownership-financial-accessibility-selected-country/
Observatoire Cetelem, Self-reported perception of how financially accessible car ownership is for consumers in selected countries, as of July 2022 (in percent) Statista, https://www.statista.com/statistics/1373482/consumer-perception-car-ownership-financial-accessibility-selected-country/ (last visited August 25, 2024)
Self-reported perception of how financially accessible car ownership is for consumers in selected countries, as of July 2022 (in percent) [Graph], Observatoire Cetelem, October 13, 2022. [Online]. Available: https://www.statista.com/statistics/1373482/consumer-perception-car-ownership-financial-accessibility-selected-country/