That's assuming people are rational with their money.
Cars already are extremely wasteful assets in terms of resource, space and money if you live in a decently served urban area. It already irrational to have one 90% of the times.
An indirect and somewhat hidden cost like insurance is unlikely to move the needle anywhere near significantly.
Cars already are extremely wasteful assets in terms of resource, space and money if you live in a decently served urban area. It already irrational to have one 90% of the times.
An indirect and somewhat hidden cost like insurance is unlikely to move the needle anywhere near significantly.