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flag Australia ranks second cheapest for car ownership globally, at 61.8% of yearly income.

flag A study by Scrap Car Comparison ranks Australia as the second cheapest country for car ownership globally, with costs at 61.8% of the average yearly salary, behind the US, where costs are 56.4% of income. flag The research analyzed car ownership expenses in 98 countries, including purchase price, insurance, fuel, breakdown cover, and repairs, comparing them to national incomes. flag The Philippines was found to be the most expensive, with car ownership costs nearly five times the average annual income, attributed to import dependence, high taxes, and weak infrastructure. flag Europe and Western nations generally showed more affordable car ownership, while Latin America dominated the list of most expensive countries.

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