In Denmark the fee is 180% of the car's worth... (sorry for OT)
There's an argument to be made that public transportation isn't available because poor and middle class people can afford cars.
(I realize its not your personal policy, I am just curious about what the government says about the fee. As an American it sounds strange but I imagine such a low % here in the states is equally as strange to you. Thanks for indulging my curiosity.)
[1] https://www.workindenmark.dk/en/Find_information/Information...
I think the rationale for the high fee is (a) Denmark likes taxes (around 50% income tax on average) to run our comprehensive welfare state, and progressive taxation that taxes wealthier people more is seen as the best approach (new car buyers sort of fit into this), and (b) "the environment", we have very good public transportation (and, famously, bicycle facilities) which the government wants to encourage.
I don't agree 100% on those points but there it is.
That's the fee that you need to pay each year to update the license on the car. I'm quite sure that in Denmark you don't pay 180% of the car's worth every year.