What Does Car Ownership Mean?

[FelixMarie]

Car ownership refers to the number of vehicles owned in a specific region, typically those registered locally. However, car ownership differs from motor vehicle ownership, which includes motorcycles, agricultural vehicles, etc. Below is an expanded introduction: 1. Benefits: High ownership means higher vehicle resale value, slower depreciation, and easier resale. After driving for three to five years, you can find affordable parts at repair shops even after the warranty expires, and maintenance won't be an issue even if dealerships exit the network. 2. Pollution: The rapid increase in cars has led to severe traffic congestion and air pollution. Vehicle emissions have become a major source of pollution in many large cities.