Futurology

One common meme about the future is that you'll rent everything and own nothing. However, given the monthly costs of owning a car and paying back its purchase price - €100 a month (approx $110) seems like a bargain.

The bottleneck here is that the cars have to be French manufactured, and demand is outstripping supply. Chinese firm BYD is selling its Seagull car for $11,000.

I suspect if European and American millennials could live in a world where they could lease cars for €100 a month or buy utilitarian vehicles for $11k, the existing car industry would start to collapse.