> So you have to take a 5 years loan to buy a new car? 10 years if you have a low salary? Most people with good to high salaries just lease their cars anyway,

> So you have to take a 5 years loan to buy a new car? 10 years if you have a low salary? Most people with good to high salaries just lease their cars anyway, at least that's been my experience in Germany. People on low salary don't buy new cars or don't own cars at all, dense country with a decent public transit system, no need for everybody to own one. Peer-to-peer carsharing also has been rather successful with Drivy, which is an option low-income people make use of if they should ever actually need a car for something.