Re:Tesla: Recalled touchscreens were meant to only last 5-6 ...
by lotsofpulp on Saturday February 06, 2021 @11:32PM
(#26052660)
> However, cars fit in a category that people consider to be a durable good.
It’s not because people consider it a durable good. It’s because people can’t afford or aren’t willing to pay the amount for a new car if an alternative is available.
Many people aren’t going to shell out for a $35k Tesla that only lasts 10 years / 200,000 miles and is worth near zero at the end of 10 years if they can get a Toyota that will last 300,000+ miles, 20+ years, and is still worth a few thousand dollars.
Cars are the second most expensive purchase most people make in their life, they literally can’t afford the luxury of a new one willy nilly (for cars brands aiming to be mainstream brands).
It’s not because people consider it a durable good. It’s because people can’t afford or aren’t willing to pay the amount for a new car if an alternative is available.
Many people aren’t going to shell out for a $35k Tesla that only lasts 10 years / 200,000 miles and is worth near zero at the end of 10 years if they can get a Toyota that will last 300,000+ miles, 20+ years, and is still worth a few thousand dollars.
Cars are the second most expensive purchase most people make in their life, they literally can’t afford the luxury of a new one willy nilly (for cars brands aiming to be mainstream brands).