Depends on your location. As the global population relocates to cities the cost-benefit maths work out in favour of not owning. New residential developments in Europe are planned and built without enough space to park at least one vehicle per apartment. Insurance, parking, and extra "emissions" charges (that EVs have to pay too), are all killing car ownership. There are places in London where you will not get a parking permit for your vehicle unless you meet certain criteria. The US was built for life where cars are an essential part of daily routine, Europe wasn't.
Amazingly enough, working out a cost-benefit calculation between renting on demand vs owning will in fact sometimes turn out in favor of owning.