Croatian drivers are least likely to own a new car model, with just 19.28 new vehicles per 1,000 people registered in the last 2 years.
That’s according to new research by Confused.com (Q1 2022), which analyses Eurostat (1) data to determine the European countries with the smallest proportion of new vehicles.
Croatian drivers rank 7th
With an average of just 19.28 new vehicles per 1,000 people, Croatian drivers are seventh-least likely to own a new car. This means that just 7.09% of cars on the road in Croatia are less than 2 years old.
Romanian vehicle owners are least likely to own a new car
According to the data, Romania has the smallest new car population. Confused.com found that there were just 6.31 new cars per 1,000 people in Romania, on average. This equates to 4.96% of registered vehicles, meaning that just 1 in 20 cars on the road in Romania are less than 2 years old. This is 66% less than neighbouring country, Hungary (18.87 per 1,000 people). With newer cars depreciating in value quicker, having an older car can often be beneficial to drivers.
With an average of just 7.83 new vehicles per 1,000 people, Turkish drivers are second-least likely to own a new car. This means that just over one in 10 (10.85%) of cars on the road in Turkey are less than 2 years old. When compared to countries with similar population size, this is almost 5 times less than Germany (39.40 new vehicles per 1,000 people).
With newer cars typically being more expensive to insure, drivers in Latvia could have lower car insurance. There are only 13.52 new cars per 1,000 people in Latvia, accounting for just 3.19% of all registered cars on the road. This is 15% fewer new vehicles than in Estonia in fourth.