Published: November 17 2023
A recent survey conducted in Hungary has revealed that a majority of car owners in the country prefer older vehicles. The results of the survey shed light on the average age of motor vehicles in Hungary and the expenses incurred by car owners for maintenance and replacement.
Car Ownership Trends in Hungary
According to the survey, approximately 51% of Hungarian car owners own a vehicle that is 16 years or older. These cars were purchased for a price range of HUF 1 million-3 million. This indicates a preference among car owners for older, more affordable vehicles.
Average Age of Motor Vehicles in Hungary
The survey also revealed that the average age of motor vehicles in Hungary is 14.5 years. This suggests that a significant portion of the vehicles on the roads in Hungary are older and may require more maintenance and repairs.
Expenses for Maintenance and Replacement
Based on the survey results, the average Hungarian car owner spends between HUF 50,000 and HUF 250,000 per year on maintenance. Furthermore, car owners tend to wait at least five years before considering a replacement for their current vehicle.
Cost of Used Cars in Hungary
The survey found that the average Hungarian car owner would typically pay around HUF 3.8 million for a gasoline or diesel used car that is no more than eight years old. This indicates that despite the preference for older cars, there is still a market for more recent models at a reasonable price.
Overall, the survey provides valuable insights into the car ownership trends in Hungary, highlighting the preference for older vehicles and the expenses associated with maintenance and replacement.
Questions & Answers
What percentage of Hungarian car owners use cars that are 16 years or older? Approximately 51% of Hungarian car owners use cars that are 16 years or older.
What is the average age of motor vehicles in Hungary? The average age of motor vehicles in Hungary is 14.5 years.
How much do the average Hungarian car owners spend on maintenance per year? According to the survey, the average Hungarian car owner spends between HUF 50,000 and HUF 250,000 per year on maintenance.
How long do Hungarian car owners typically wait before replacing their cars? Based on the survey results, Hungarian car owners wait at least five years before replacing their cars.
How much do the average Hungarian car owners pay for a used car that is no more than eight years old? On average, Hungarian car owners would typically pay around HUF 3.8 million for a gasoline or diesel used car that is no more than eight years old.
