How many months does a Greek need to work to buy a new car

Car prices are constantly rising. There has been a lot of growth in recent months, which is worrying. However, the price rally will not stop and, according to the available data, will continue. This whole scenario raises questions and bewilderments from consumers who do not know what to do. Buy now or wait for something to change?

This is a thought-provoking question, pushing for an alternative solution – buying a used car. There is no doubt that in Greece it takes a lot of work to get your own car. It is best if you work full time and receive at least a basic salary.

If your salary is 586 euros

In Greece, the minimum basic wage for a private sector employee with a work experience of 0 to 3 years is 663 euros. Of these, 586 euros goes into the employee’s pocket. For this amount, he must pay obligations, buy food, clothes, move and, if something remains, he can go out for a “coffee” or visit an entertainment establishment. It is clear that it will be very difficult for this citizen to save money for a car, which is necessary for those who live in the city.

Suppose, however, that the worker saves the money he receives by dreaming of buying a car all his life. How long will it take him to acquire an everyday “simple” car?

As you can see in the corresponding list below, a resident of Greece has to work 21 months for the new Hyundai i10. Accordingly, for the purchase of a Mercedes – 38 months.

If there is a desire to buy a new Peugeot 3008, the car enthusiast will have to work 45 months or more, that is, almost 4 years. Dreams are about to come true if you dream of buying a Porsche. The most affordable is the Boxster, which costs 87,900 euros. To acquire it, an employee in the private sector who receives a basic salary must have worked for 150 months, that is, 12.5 years!

And how are things “over the hill”?

It is a different matter with wages abroad, for example, in Luxembourg. The base salary there is more than 2,000 euros, so it is much easier to buy a car here (less effort is required). The costs may be higher, but, of course, compared to Greece, the situation here is much better. For example, buying a Citroen C1 takes 11 months and a Porsche 43.

Buy a car based on the minimum base wage in Greece 586 euros:

Hyundai i10 12140 (21 months) Citroen C1: 12,370 (22 months) Fiat 500 13,800 (24 months) Nissan Micra 14890 (26 months) VW Golf 20,200 (35 months) Mercedes A160d 21,920 (38 months) Peugeot 3008 26,200 (45 months) Toyota Prius 30,350 (52 months) Tesla Model 3 46,990 (81 months) Porsche Boxster 87,900 (150 months).

Buy a car based on a salary in Luxembourg (minimum base wage € 2,071):

Hyundai i10 12,140 (6 months) Citroen C1: 12,370 (6 months) Fiat 500 13,800 (7 months) Nissan Micra 14890 (8 months) VW Golf 20,200 (10 months) Mercedes A160d 21,920 (11 months) Peugeot 3008 26,200 (13 months) Toyota Prius 30,350 (15 months) Tesla Model 3 46,990 (23 months) Porsche Boxster 87900 (43 months). …



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