The new trend for big-ticket items such as vehicles is to forgo ownership and debt in favour of monthly payments.
Before Covid, our private cars spent as much as 80% of the time parked — an appalling waste for such an expensive item.
And the pandemic, by keeping people inside their homes, made car owners use their vehicles even less than that…
Welcome to Wired to the Web. My name is Nafisa Akabor and I’m a technology journalist covering business and consumer tech for the last 14 years. I’m passionate about start-ups, smartphones, mobile payments, travel tech and electric cars. ✉️ email@example.com