GITNUX MARKETDATA REPORT 2024

The Most Surprising Car Ownership Statistics in 2024

Statistic 1

"In Italy, there are approximately 625 cars per 1,000 inhabitants."

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Statistic 2

"In 2020, the median monthly cost for vehicle ownership in the U.S. was about $813."

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Statistic 3

"The average cost of car insurance in the U.S. is about $1,674 per year as of 2021."

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Statistic 4

"Car ownership in China increased by 10% annually between 2000 and 2020."

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Statistic 5

"In the United States, about 91% of households had access to at least one vehicle in 2020."

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Statistic 6

"The number of cars per 1,000 people in the United States was approximately 837 in 2019."

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Statistic 7

"The average age of vehicles in the U.S. is 12.1 years as of 2020."

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Statistic 8

"In Japan, car ownership per capita was 69.7% in 2021."

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Statistic 9

"77% of Americans commute to work by driving alone in their vehicle."

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Statistic 10

"India had 22 cars per 1,000 people in 2019."

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Statistic 11

"49% of new car buyers in the U.S. finance their purchase through loans."

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Statistic 12

"In Canada, 80% of households owned a vehicle in 2020."

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Statistic 13

"The global car ownership rate was around 18% in 2020."

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Statistic 14

"In the UK, the number of licensed cars per household was 1.2 in 2020."

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Statistic 15

"In 2020, the average Australian household had 1.8 motor vehicles."

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Statistic 16

"Car ownership in urban areas tends to be lower than in rural areas; around 78% versus 96% in the U.S."

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Statistic 17

"In Germany, there were 516 motor vehicles per 1,000 inhabitants in 2020."

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Statistic 18

"In Brazil, car ownership reached around 23% in 2021."

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Statistic 19

"Electric vehicle (EV) ownership in the U.S. increased by 40% from 2019 to 2020."

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Statistic 20

"In South Africa, the car ownership rate is approximately 165 cars per 1,000 people."

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