Earlier quoted context omitted.
There are something like 1.4 billion vehicles in operation world wide and 80 million new vehicles are sold every year. That is at most 17 years once new vehicle sales are effectively 100% electric which will probably happen around 2030. The value of used gas cars will deteriorate rapidly as the spare parts and repair networks disappear and electric vehicle costs become much cheaper pulling forward demand for the tran…
You making a lot of assumptions that arent born out by current experience. Its not uncommon for 100 year old cars to be registered and driven on public roads today. I personally have registered “daily drivers” from the 1970s and 80s. I actually rebuilt my 1972 motorcycle using factory parts from the dealership. As cars get rare they tend to increase in value, which also increases the return on effort/money put in to…
I think that the main issue will be maintenance of ICEs in the future. Like try to find a garage that is able to tube carburators these days. It will be a while until we reach that point so.