Argentina is the second most expensive country in the world to buy and maintain a car

Buying and maintaining a car in Argentina currently requires 515.77% of the average annual salary. As a result, it is the second most expensive country in the world for drivers, second only to Turkey, where 652.29% of income is needed per year.

The data comes from a report prepared by the media Scrap Car Comparison, which analyzed the situation in forty countries around the world on the basis of average wages, the price of cars per kilometer zero, the cost of car insurance policies, after-sales maintenance and fuel costs.

The study specifies that “all data is valid from August 2021” and that the prices of the cars have been averaged from the Volkswagen Golf and Toyota Corolla, the two most popular models in the world. The second has just reached 50 million units sold.

In this context, an average Argentine citizen today needs 515.77% of his annual income to buy a model of this type and keep it up to date in terms of papers and mechanical maintenance.

Among the ten countries with the highest costs for motorists, there are seven Latin Americans, one European and two Eurasians. Check out the full ranking below:

1. Turkey: 652.29% of the average annual salary to buy and maintain a car
2. Argentina: 515.77 percent
3. Colombia: 508.93 percent
4. Uruguay: 443.68 percent
5. Brazil: 441.89 percent
6. Ukraine: 413.78%
7. Guatemala: 355.94 percent
8. Russia: 290.04 percent
9. Mexico: 285.20 percent
10. Costa Rica: 269.83 percent

In contrast, the country where it is cheapest to buy and maintain a car relative to average annual income is Australia. There, it only takes 49% of what you earn on average per year to own and drive a Golf or Corolla.

The top three are followed by the United States, with 54.87 percent, and Denmark, with 60.34 percent. Canada, Sweden, Germany, the Netherlands, France, the United Kingdom and Finland follow later.

1. Australia: 49.48% of the average annual salary to buy and maintain a car
2. United States: 54.87 percent
3. Denmark: 60.34 percent
4. Canada: 64.40 percent
5. Sweden: 75.84 percent
6. Germany: 78.44 percent
7. The Netherlands: 84.65 percent
8. France: 87 percent
9. UK: 89.36 percent
10. Finland: 91.58 percent