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> Depreciation will determine the average lifespan of most cars. Depreciation has little relevance to the majority of used-car buyers who need a vehicle, not
by dingaling 6y ago
> Depreciation will determine the average lifespan of most cars.
Depreciation has little relevance to the majority of used-car buyers who need a vehicle, not an investment. They drive it until it can no longer be driven.
What is more relevant to the lifespan of a car is durability and availability of parts. For example Honda shared parts between the Civic, CR-V and Integra so they are relatively easy to obtain even going back to late 90s models.
- Breza 6y agoIn fact, depreciation is a great thing for used car buyers. It means they pay less to buy a car.