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US tax on $50k median wage is about 20%, take home about $40k U.K. tax on $43k median is about 20%, take home pay $43k, but no health care costs Average car c
by midasuni 6y ago
US tax on $50k median wage is about 20%, take home about $40k
U.K. tax on $43k median is about 20%, take home pay $43k, but no health care costs
Average car cost in US 60c/Mile
https://www.bts.gov/content/average-cost-owning-and-operating-automobile https://www.bts.gov/content/average-cost-owning-and-operatin...
In the U.K. is 41p/Mile or 58c
https://www.nimblefins.co.uk/average-cost-run-car-uk https://www.nimblefins.co.uk/average-cost-run-car-uk
- filoleg 6y agoFair, but you didn't address the part about the cars themselves costing more + the fact that the gasoline is still significantly more expensive per gallon (UK people just seem to drive much less miles per year than those in the US). In that second link you posted, it lists the starting price of base VW Golf as £38k (around $53k), while in the US the same model costs about $23k. Even if you tack on all the taxes and registration fees and such, you won't get even close to that $53k. After all the taxes and fees, even a midrange Tesla Model 3 (not the base model) costs less than that $53k in the US.
- leoedin 6y agoI think that statistic is a mistake, or skewed by high spec versions. The starting price of a VW golf in the UK is about £22k - no where near that £38k. Cars are more expensive, but not _that_ much more expensive. https://www.carwow.co.uk/volkswagen/golf/specifications#nav https://www.carwow.co.uk/volkswagen/golf/specifications#nav
- filoleg 6y agoThanks for pointing it out. I assumed those stats would be correct, but after being prompted to look into it by your reply, they were not. It even says in those stats "starting OTR cost of popular models", so not a beefed up maxed out version. But nope, I checked the official VW website for UK, and the prices are along the lines of what you were saying, £22k-24k. Now I don't know if I can even trust the rest of the stats on that page.
- deleted 6y ago[deleted]