Danish cars younger than any time since 2001
Even though the Danes are unwilling to sell Greenland, Denmark generally is a very good country to do business with, and in. One of the Nordic nation's added attractions is its highly mature fleet industry. Here are a few highlights of the newly-updated Wikifleet entry for Denmark:
- In 2018, a total of 218,500 new cars were registered. That's 1% less than in 2017, but that figure nevertheless represents a 6.4% spend. That seeming contradiction is due to the fall in sales of cheaper small cars, and the rise in sales of more expensive SUVs.
- On 1 January 2019, there were 2.594 million passenger cars in Denmark. If current trends persist, by 2023 the Danish car park will number 2.9 million cars.
- The average age of a passenger car in Denmark is 8.8 years – the lowest since 2001. This is due to a drop in the life expectancy of new cars in Denmark: from 15.9 years in 2009 to 15.1 years in 2019.
- Fleet sales have more than doubled over the past decade. In 2009, there were just over 50,000 new car registrations for the corporate market. Despite dropping for two years straight, that figure stood at more than 106,000 in 2018.
- Employers can offer their employees a mileage allowance (kørselsgodtgørelse) for driving their own car for work purposes, with legally defined amounts per km: 3.56 DKK per km (up to 20,000 km) and 1.98 DKK per km (thereafter).
- Leasing is a very popular solution for Danish corporates. In the period of 2017-'19, around 75% of newly registered cars for corporate use in Denmark are acquired via leasing.
- Petrol sales are trending down, from 65.2% of all newly registered vehicles in 2015 to 59.9% in 2016. But in 2018, due in part to Dieselgate, they were slightly going up again.
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