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points by
Duwensatzaj
9 hours ago | 0 comments
That doesn't seem true. I'm seeing 6 to 8 years, with the average car age being 12 years old. Resale value is important.
[–]
voidfunc
9 hours ago
You're not factoring in leases.
[–]
bluGill
8 hours ago
Resale value is critical for leases. If nobody wants to buy the car after the lease is over then the lease company needs to scrap the car. Lease companies pay close attention to expected resale value because they are betting a lot of money on it.
[–] voidfunc 9 hours ago
[–] bluGill 8 hours ago