Hmmm 🤔 interesting
Klaus Schwab says – You will own nothing in 10 years
I'd rather not own a car.
I would be perfectly happy to just rent a car for a year or two and then get a new one. I would not need to invest money into the car, I would not need to worry about insurances, nor warranty terms or service fees. Someone else would take the risks associated with the residual value. Splendid!
But.... wait... this sounds like leasing a car. But I still own my car because leasing it would be so much more expensive. This may change if the car manufacturers change their business, but with traditional leasing companies it is difficult to see it happen. Digitalization may indeed enable the car manufacturers to change their business model towards Car-as-a-Service model, but despite that change being welcome, it is not something one would call disruptive.
But... wait... is this what we are talking about here? No, we are not talking about owning vs. leasing vs. renting. We are talking about MaaS (Mobility as a Service). In that scenario I do not have a car when I do not need it. A ride (not my car, just a suitable vehicle) just miraculously pops up when I need it, and disappears when I do not need it. I can get from point A to point B without any car owner's worries or even without trying to find a parking lot.
Sounds lovely, does it not? Unfortunately, there are no realistic ways of making this happen anytime soon. Intelligent carpooling telematics combined with level 5 autonomous cars would possibly break the pattern, but level 5 is far, far away. Intelligent carpooling would be otherwise useful with human drivers, but then it would most often be the driver's car (owned leased, stolen, whatever).
There will be a lot of people who "own" a car in 10 years.