If you are an average worker with an average salary and looking to buy an average new car, you will need to work full time for around 12 months to have the privilege of buying and owning one.
In other words, a 40-hour workweek, 48 weeks per year, equates to almost 2,000 hours of work in the office, factory, store or elsewhere. Depending on the official or unofficial figure used as a benchmark (there are many), the average annual salary of a full-time employee is around £ 30,000. But after income tax, national insurance and other work-related deductions, that figure drops – and then some – to over £ 20,000. And, by the end of the year, that kind of money will be enough to get you the keys to, say, a MINI or some other nice but little car.
If it’s a more spacious SUV, station wagon or minivan that a parent needs to accommodate kids, strollers, pets, bikes, etc., they need to think in terms about two years’ salary / 4000 hours of work. Get closer to three years / 6000 hours (ouch) if the goal is to buy a large, high quality EV. This is not only a great demand, it is surely almost impossible for the typical working man or woman, who also has to put food on the table. No wonder most people turn to monthly repayments to afford a new car.
On the other end of the scale, there is a very, very different type of worker in the UK known as the Premier League footballer. And many of those with such a multi-millionaire job title don’t take months or years to earn enough for a new car. No, no, no – when they’re on coal (or in their case, on the football field) they can make money for a new car in minutes, according to Fixter, auto service staff. .
Fixter reckons that Chelsea’s N’Golo Kante bought, among other things, a MINI Cooper S, which he could pay for after just 10 minutes and 15 seconds on the pitch. That’s right: 2000 hours of hard work on your part in exchange for this MINI, 10 minutes on the field of it before he is rewarded with the same car. Nice job if you can get it, huh?
Heung-Min Son of Spurs did even better by buying his Ferrari LaFerrari for £ 1.15million – which he won in just nine hours. Or, to put it another way, most people are unlikely to earn a million pounds (in today’s money) in a working life that will last for decades. On the other hand, Son can make this kind of corner in about 500 minutes.
These footballers are obviously supremely smart with their feet, their heads and their unmistakable earning power, but there are other sportsmen who are doing even better on the automotive and financial fronts. The world’s most elite racing drivers enjoy a similar fortune and fame, but unlike footballers, they get their road cars for free. Lewis Hamilton will enjoy the free Mercs for life. The same is probably true of Sebastian Vettel and his Aston Martins, while Charles Leclerc can hope for Ferraris in his driveway forever.
And why not? After all, these Formula 1 boys work harder and deserve even more than these Premier League footballers, right?
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