Quote:
Originally Posted by Poetic Justice
I run a new car dealership
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I don't have an issue with that.
All I am saying is that is a myth to suggest that somehow Nissans & Kias etc. will replace an old Holden or Falcon in function & that they will last longer or are "better" quality.
The whole industry has changed, cars are far more complex nowadays & their practical service life is shorter than it once was.
In years gone by only business fleets or government departments bought new cars. They could afford to amortise the costs & massive depreciation that comes with a new car, not to mention tax deductions. The 'average Joe' purchased a 5-7 year old 2nd hand, either from a dealer or auction & then used up the rest of its service 'life'.
Often it was simple enough for the DIY guys to service & repair & wreckers were a good source of parts with the top sellers being so plentiful.
These days the 'practical' service life of the car is shorter & finance is far cheaper so the new car option is more viable for the average punter.
Dr Terry