Some thought on this. First of all when discussing how long a car lasts, it is extremely important what criteria you apply. The two most common ones are technical life span and economic life span.
I don’t have data for India, but data from all western countries suggest that the average lifespan of motor cars is actually increasing!!
From Wikipedia:
Quote:
In the United States, the Environmental Protection Agency assumes the typical car is driven 15,000 miles (24,000 km) per year. According to the New York Times, in the 1960s and 1970s, the typical car reached its end of life around 100,000 miles (160,000 km), but due to manufacturing improvements in the 2000s, such as tighter tolerances and better anti-corrosion coatings, the typical car lasts closer to 200,000 miles (320,000 km).[6]
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The above is still based on economic life span. I will come back to that in a minute.
When it comes to technical life span; there is virtually no limit at all to technical life spans of cars. Whether it is chock full of electronics and or computers or has no electronics none whatsoever.
As some of you are aware, I am a huge classic car fan. I own and do most of the maintenance repair on all four of my cars myself. I visit some 6-12 classic car shows all over Europe per year. And you can find just about any car from 15 years and upwards in perfect condition. As long as somebody has the patience, the knowledge and the funds to keep a car going indefinitely they will find ways to do so. Even I can make some of my own parts. Truly unique parts I can get 3D printed and so. In Western Europe there is a massive industry that cater for all the possible needs of the young- and oldtimer car owner.
I bought my latest car, a 1998 Jeep Cherokee for Euro 5000,— and almost 320000km on the clock. since I bought it I have spend about the same on new parts.
Not many people would spend that sort of money on such a cheap old car. Even though I have spend all this money on it, it is very doubtful I would get much more than Euro 5-6000 if I sold it now. But I believe it is a good condition now, it is reliable and I just enjoy driving this car immensely! In reality I would argue it is cheaper than buying a new car. Yes, my Jeep weighs a lot so I pay a lot of roadtax and yes it’s fuel efficiency is atrocious. But it’s insurance, as a classic car is dead cheap and I don’t have any depreciation to worry about. If I was to buy a 2-3 year old Ford Focus, the deprecation on such a medium size family car would be around Euro3500-4500 per year. That is more than the annual fuel bill for my Jeep!! For reference, the Ford Focus is slightly longer and wider than my Jeep. The Jeep does stand quite a bit taller though. Weight is about the same.
Most people will tell you that it is not economically viable to spend lots of money on older cars. So you see the average life expectancy going up, but the cut off point remains around the point where people believe you will need to start shelling out big bucks to keep it going. And they just don’t believe it is a sound financial thing to do. Again, certainly, from a technical point of view you can keep any car going for almost any period. Million of classic cars proof that every day across multiple continents.
My eldest sister has a 20 year old Toyota Yaris with an automatic gearing. She really needs her car as she is single and not very mobile anymore. About two years ago it broke down. Her garage diagnosed it as needing some part fitted to the automatic transmission, which would cost about Euro 1200. They told her she should consider trading it in as it was such an old car. A couple of her friend gave her the same advise. Don’t spend such a lot on an old car. But I did a bit of checking and found that this is a well know issue with older Yaris with this type of transmission. Everything else on this car was working fine and there are virtually no other week points that cost a lot in fixing. So I advised her to get it repaired. Yes it’s al lot of money, but if you can be reasonably certain that the car will run with just its regular maintenance for a couple of more years, it is a hell of a lot cheaper than being a new or even second hand car. So she did and we are two years and 22000km further.
I have have many friends and people trying to convince me, or probably themselves, it made economic sense to trade in their old for a new car. I always tell them I don’t believe them. The minute your car reaches an age where the depreciation bottoms out, you are are driving a very cheap car, even if it needs some more expensive repairs now and then.
The other thing, many people are very reluctant to own older cars because they believe they become more unreliable. Whenever my wife breaks down with one of our cars, she will call a taxi and go home. I will get a text where the car is left and a message in CAPITAL letters something along the lines of “ I will never ever drive this car again, ever!!! Get me a different car today!! I am not joking, it has happened twice in fourth years of marriage.
Again, whether it is technically true that old cars are less reliable than new is something we can debate, but the sentiment out there in the market is certainly in favour of new cars, if you value reliability.
The other thing is that a new car will come with more creature comfort, more power, better performance, better fuel efficiency etc. So no matter what comparing any new car to my 25 year old Jeep or my 40 year old Mercedes is very much an Apple to Pears comparison I believe.
Either you like driving old cars and feel comfortable doing so, or you don’t.
Just for future reference, EVs are likely topmusici the average lifespan of our motorcar up again!!
What we are really discussing here, my opinion, is economic life span overshadowed by sentiment. At what point in time will an average car owner (Indian) prefer to start investing in a new car, rather than keep paying for the old one.
I appreciate it might be more difficult in India to maintain old cars, especially those that come with complex systems. But there is no technical reason excuse for it. It’s a matter of skills, training, tools and attitude. That could be different in India and a genuine concern of course.
Jeroen