'The concept of car ownership is changing': leasing expert

With interest rates "lower than ever in people’s lifetimes” in Poland at 1.5 percent per annum dealers are able to offer more incentives to encourage people to take up the offer of a new car rather than import a used car, our guest Paul Gogoliński, a lecturer in Fleet Management at Koźmiński University in Warsaw told PolandIN’s David Kennedy.

Import of old used cars still popular among Poles: research

see more

According to Mr Gogoliński, the concept that we must own the vehicle for 5-10 years is “going away”. Poles will follow the Western European trend of renting a car for two or three years and then get a replacement.

In his view such a model will bring about “an automatic improvement” in noxious gas emissions because “with each new generation of cars there is a lower emissions statistic.”

His vision of shorter ownership spans in the future give a glimmer of hope to an otherwise glum set of statistics. Data from the car industry’s SAMAR database indicate that in the first half of 2019 Poles imported over half a million cars of an average age of 11.5 years. This suggests there is a large local uptake of cheap imports of older cars that Europe’s capitals are banning with more stringent emissions requirements being required.

Click here to see the full interview

source: