I have lived in Seoul for more than 30 years, and this city has excellent public transportation and severe traffic congestion, so the utility of having a car is not great. For example, it takes about 50 minutes to get home by public transportation after work, but it usually takes 1 hour and 20 minutes by car.
In addition, I have to pay an annual insurance of $400 and a tax of $130, even if I don't use it even 1 km a year. And I actually don't use my car very often. I usually use it once a month, and my annual mileage is no more than 2000 km.
Even so, I haven't sold my car yet. This is because it is much more efficient to use a car sometimes. But I don't know if it's right to spend hundreds of dollars every year like this.