Private car ownership can “represent a cost equal to housing” says research – transportxtra.com
Juliana O’Rourke
Motorists underestimate total costs of car ownership, while policymakers and planners underestimate social costs
08 February 2022
Table 5: Lifetime earnings in comparison to private car ownership cost, The lifetime cost of driving a car, Ecological Economics, Volume 194, April 2022
The car is one of the most expensive household consumer goods, yet there is a limited understanding of its private (internal) and social (external) cost per vehicle-km, year, or lifetime of driving, says a new research study based in Germany.
This comes as MPs urge Government to urgently explore the options for a distance- and vehicle-type national road-pricing scheme in the UK.
08 February 2022
Table 5: Lifetime earnings in comparison to private car ownership cost, The lifetime cost of driving a car, Ecological Economics, Volume 194, April 2022
The car is one of the most expensive household consumer goods, yet there is a limited understanding of its private (internal) and social (external) cost per vehicle-km, year, or lifetime of driving, says a new research study based in Germany.
This comes as MPs urge Government to urgently explore the options for a distance- and vehicle-type national road-pricing scheme in the UK.
