| The US is 4th for cars per capita. Behind San Marino, Monaco, and New Zealand. Regardless of whether it’s “affordable” to own a car, people do it anyway. Financing for vehicles in the US is very accessible. There are dealerships who advertise on the radio in my city that they cater to people with “multiple bankruptcies”, and “no drivers license”, with little to no money down. As a more extreme anecdote: I had a bad roommate in college who spent almost all of the money from his part time minimum wage job on alcohol. He routinely “bought” a car, didn’t make the payments, and when the tow truck showed up to repossess it, he just went out and “bought” another the next day. His high-risk loans didn’t have great terms, but he always had a car. Also, even with some of the lowest required insurance minimums in the developed world, the number of uninsured drivers in the US is huge. There are insurance companies that will give you insurance for a single day too... just long enough to register your car and get a license plate. Used cars are super cheap in the US too, and in most places, inspection requirements are minimal. You can buy old and ugly but running vehicles for less than a yearly bus pass in many places. |