A survey conducted in South Korea in May 2023 found that around 37.6 percent of respondents rented or leased a car as it did not have any initial cost burdens. Another prevalent factor was that using such vehicles as a company car led to tax savings.
Reasons for renting or leasing automobiles in South Korea as of May 2023
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Trendmonitor. (June 21, 2023). Reasons for renting or leasing automobiles in South Korea as of May 2023 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1489216/south-korea-car-rental-or-lease-reasons/
Trendmonitor. "Reasons for renting or leasing automobiles in South Korea as of May 2023." Chart. June 21, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1489216/south-korea-car-rental-or-lease-reasons/
Trendmonitor. (2023). Reasons for renting or leasing automobiles in South Korea as of May 2023. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1489216/south-korea-car-rental-or-lease-reasons/
Trendmonitor. "Reasons for Renting or Leasing Automobiles in South Korea as of May 2023." Statista, Statista Inc., 21 Jun 2023, https://www.statista.com/statistics/1489216/south-korea-car-rental-or-lease-reasons/
Trendmonitor, Reasons for renting or leasing automobiles in South Korea as of May 2023 Statista, https://www.statista.com/statistics/1489216/south-korea-car-rental-or-lease-reasons/ (last visited October 30, 2024)
Reasons for renting or leasing automobiles in South Korea as of May 2023 [Graph], Trendmonitor, June 21, 2023. [Online]. Available: https://www.statista.com/statistics/1489216/south-korea-car-rental-or-lease-reasons/