Friday, March 31, 2023

Why is Mexico the most expensive country to buy and own a car?

Do you want to give yourself a ‘taste’, but your wallet is always empty after filling up the gas, or take care of some expenses in your car? It’s not your imagination and it happens to more Mexicans than you imagine.

A recent study by the FINN Vehicle website found that Mexico is the most expensive country to own a car, were analyzed factors Like the cost of gasoline, monthly salary of people and which countries spend more than their salary on maintenance of a vehicle.

Why is it more expensive to buy a car in Mexico?

According to the analysis of the study global cost of a car, Score the cost of owning a car in Mexico 9.7 on a scale of 10. It has been indicated that this is due to the high cost of fuel.

Drivers in Mexico they spend The largest proportion of their monthly income in gasoline. fuel cost per liter 0.22 percent of the average salary.

,Despite having one of the countries with the cheapest fuel prices in real terms thanks to government subsidies and its booming oil industry, drivers in Mexico spend the largest portion of their average monthly income on fuel.

Which are the countries where it is more expensive to own a car?

Following are the countries where it is more expensive to own a car after Mexico:

  • Estonia.
  • Latvia.
  • Portugal.
  • Czech Republic.
  • Hungary.
  • Israel.
  • Greece.
  • Spain.
  • Slovakia.

Which are the countries where it is cheapest to own a car?

  • Luxembourg.
  • America.
  • Australia.
  • Iceland.
  • Belgium.
  • France.
  • Austria.
  • Canada.
  • Slovenia.
  • Germany.
  • United Kingdom.

The score for car cost in Luxembourg is 0.46 out of 10. It’s the cheapest place to buy and operate your most popular car, andl Volkswagen Golf.

it Thanks to its high average salary, that lowers the proportion of income needed to buy a car.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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