What kind of car can a resident of Latvia buy with an average salary? The average salary in Latvia allows you to count on a car for 32,500 euros. If we are talking about an electric car, the amount increases to 36,700 euros thanks to government support. This data is provided by the SEB Vehicle Availability Index. According to the study, during the year the availability of cars with internal combustion engines increased by 1.1%, and electric vehicles by almost 20%. Rising wages helped offset rising interest rates, and renewed government support made electric cars cheaper. The family budget allows you to rely on a more expensive vehicle. A family with a child and an average income can buy a car with a traditional engine for about 52,100 euros, and an electric car for 55,400 euros. Riga residents have higher purchasing power in both categories. At the same time, despite the improvement in accessibility indicators, the market is still focused on used cars.

What kind of car can a resident of Latvia buy with an average salary? The average salary in Latvia allows you to count on a car for 32,500 euros. If we are talking about an electric car, the amount increases to 36,700 euros thanks to government support. This data is provided by the SEB Vehicle Availability Index. According to the study, during the year the availability of cars with internal combustion engines increased by 1.1%, and electric vehicles by almost 20%. Rising wages helped offset rising interest rates, and renewed government support made electric cars cheaper. The family budget allows you to rely on a more expensive vehicle. A family with a child and an average income can buy a car with a traditional engine for about 52,100 euros, and an electric car for 55,400 euros. Riga residents have higher purchasing power in both categories. At the same time, despite the improvement in accessibility indicators, the market is still focused on used cars.