Re:Denmark to ban petrol and diesel car sales by 2030
by rootusrootus on Wednesday October 03, 2018 @01:24PM
(#18132505)
My experience has been exactly the opposite. Everyone I know who trades out cars every year or so does it because they want the latest and greatest, or just something new and different, not because they can't afford to repair it. The people I know who have more limited means tend to drive their cars until the wheels fall off, and they are pretty familiar with their mechanic. I'm a little too impatient for that myself, I have a fairly low threshold of 'how many is too many repairs' before I dump a car and get something with less hassle.
I've been told that there are people who trade their cars in when the tires are worn out - it kicks the payments down the road a month (they have to budget next month lower than this month, but it doesn't use cash they don't have) Remember, nearly anyone can get a car loan no matter how bad their credit is. Even a credit card has higher standards. Since we are talking about people who are bad with money it is at least believable.