4 ms·
>If most new cars aren't kept longer than that, why should you care how long the car lasts after the first owner has sold it? Because those that buy second-han
by 29083011397778 7y ago
>If most new cars aren't kept longer than that, why should you care how long the car lasts after the first owner has sold it?
Because those that buy second-hand hear how much trouble a given OEMs vehicles will likely be to own. If they become money-sinks, then after-market value will plummet. If they become worthless on the second-hand market, either consumers will hang onto them longer (encountering the problems themselves), or they'll become less popular to buy first-hand (because they are difficult to sell for a worth-while price).
- tmh88j 7y agoThis is exactly why you can snag a relatively low mileage 4-5 year old S Class for around $30k, a car whose msrp was nearly triple that. Vehicles in that segment of the market typically cost a fortune to keep running. Check out the youtube channel Hoovie's garage for a hyperbolic version of this. His schtick is buying the cheapest used car of a given model that he can find and usually ends up dumping a ton of money into it, only for it to still be in terrible condition. The cars are usually beaten into the ground to begin with, but it does give you a sense of the little things that add up over time, especially on high end luxury vehicles and sports cars. His E60 M5 and Maserati Quattroporte were absolute nightmares.