Re: Lifespan of OLD cars (Brass Era)

Posted by jw4 On 2022/12/30 8:20:03
I would just stipulate that, aside from the physical depreciation of cars due to wear and tear (which would likely be of primary importance when assessing the residual value of industrial equipment), for personal vehicles we should also account for the "moral" depreciation, caused by the loss of their exchange value due to certain advances in new car production

In other words, how many people decide to get a new car, because it is no longer cost-effective to maintain the old one (and that, alone, already depends upon several factors of modern production), versus because it is no longer fashionable, or is somehow outdated, unreliable, "old", etc.? And how these trends differed throughout the years...

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