It is a “luxury”, but a necessary “luxury”.

Using his car is more and more expensive but many motorists do not see how to do without it.

This is indicated by the annual barometer of the Cetelem Observatory, a survey carried out in 18 countries and published on Thursday.

Thus, seven motorists out of ten believe that driving a car requires financial sacrifices.

But they are as many (75% in France) to declare that they cannot do without it.

Nearly two-thirds of respondents also fear that they will no longer have the means to own a vehicle in the future, particularly in Turkey, Mexico, Portugal or Brazil.

This is also the case for 59% of French people.

Motorists first see this loss negatively, with the fear of no longer being able to move as they wish.

Only 20%, on the contrary, see it as a positive gesture for the environment.


❗️🚨 The study of the #Automobile 𝟮𝟬𝟮𝟯 is available!


✦ The #car, whatever it costs you?



◦ Financial sacrifices


◦ #Cost of use


◦ #Soft mobility


◦ Reason for exclusion?



It's this way !

👇#ObsAuto #Auto2023 #Auto

— The Cetelem Observatory (@obs_cetelem) October 13, 2022

Access to this content has been blocked to respect your choice of consent

By clicking on "

I ACCEPT

", you accept the deposit of cookies by external services and will thus have access to the content of our partners

I ACCEPT

And to better remunerate 20 Minutes, do not hesitate to accept all cookies, even for one day only, via our "I accept for today" button in the banner below.

More information on the Cookie Management Policy page.



Less travel and soft mobility

In addition, nearly six out of ten people say they have already given up traveling because of the cost involved, particularly in countries with the most fragile economies, such as Turkey or South Africa.

To save money, a majority of French people say they reduce their trips.

46% of motorists questioned compare prices in order to buy the cheapest gasoline possible and 44% try to optimize their driving to consume less fuel.

A third of motorists also say they travel more often on foot, by bike or by scooter.

And from Germany to Brazil via France, more than one in two people have left one of the household vehicles or have decided to do so soon.

Finally, those under 35 are more inclined to do without a car altogether, at 34%, compared to 26% for the older generations.

An annual budget of more than 2,700 euros

"What does not pass are the costs of use", emphasizes Flavien Neuvy, director of the Cetelem observatory.

“Spending all the time at the checkout reinforces this very negative feeling.

Thus, motorists estimate their annual budget for the car (fuel, insurance, repairs) at 2,753 euros (2,870 euros in France), gasoline being by far the item considered the most expensive.

At the same time, the costs of insurance and maintenance are considered reasonable by a majority of households, even if they are rising sharply.

Similarly, the purchase price of cars is considered reasonable by many motorists, especially for the vast majority who buy on the second-hand market.

A trend that should accelerate with electric cars

On the new side, the price of cars has nevertheless increased sharply in recent years in the EU, twice as fast as inflation between 2000 and 2020. Buyers of new cars are thus becoming increasingly rare, up to 2% of French households in 2022. Buyers are on average 55 years old, compared to 44 years old in 1990.

With the proliferation of electric cars, which are more expensive than thermal ones, “the trend will accelerate over the next few years”, predicts Flavien Neuvy.

“There is a risk that the car will become a luxury item, inaccessible, marginalizing the people who need it the most in their daily lives,” warns the expert.

* This survey was conducted online from June 23 to July 8 by Harris Interactive, among 16,600 people aged 18 to 65, according to the quota method.

3,000 interviews were carried out in France and 800 in each of the other countries.

Company

Auto and home insurance: What increases for 2023?

Automotive

Sales of electric cars overtook diesel in September, a first

  • Economy

  • Car

  • Automotive

  • Inflation

  • Cost