The average age of a car owned by an American is 12 years old. That means MANY cars are much older than that. (Yes many are newer as well- averages) The people who own a 12 year old car and older are probably living paycheck to paycheck and cannot afford the average auto repair which is around $600. The manufacturers are not giving an option- but forcing people to buy a new car. The same people who cannot afford a new car with cash and probably are a high risk to lend money to for a new car. A vicious unnecessary cycle. I really like cars and truck made between 99 and 2010. Modern enough to be comfy efficient and reliable- low tech enough to where I can still do the brakes suspension and maintenance- and low tech enough to where a competent independent shop can perform the complicated diags and repairs.