>Cars aren't scrapped after five years. No, of course not. But fleet owners buy new ones every five years or less. Typically the old cars are sold on the used

>Cars aren't scrapped after five years. No, of course not. But fleet owners buy new ones every five years or less. Typically the old cars are sold on the used market. Which means there is always a market for new cars, and a steady availability of used ones. But the point is: fleet owners turn their inventory over much faster than the cars wear out.