4 ms·
Is a typical new car buyer currently driving a 15-year-old car? You could say that's plausible. In a way it even makes sense, that people buy cars and then dri
by eMSF 5y ago
Is a typical new car buyer currently driving a 15-year-old car?
You could say that's plausible. In a way it even makes sense, that people buy cars and then drive them for as long as they reasonably last. But if you had to, would you guess that this is how the market operates?
- asdff 5y agoNo, because in every product sector people have shown when given a choice and the means to make it, they'd rather buy a shiny new thing than mend an older one. We are addicted to the dopamine hit of consumption. They aren't buying a new car on all these new widgets that might be different between one today and one from yesteryear. I bet for the vast majority of people the primary technological wants of a car are cold AC and blutooth. Everything else, your TPMS, your brake alert system that beeps like a missile is locked on when you inch too close in traffic, no one stood up and asked for any of that stuff. The market just saddled it upon us and the higher per unit cost is passed right along to us with markup.