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by eoinmurray92
3803 days ago
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Since people would start to want to buy cars more frequently because of the constant increate in performance/features (which the article is saying will be faster than the current state of motor innovation), would the car manufacturers be able to offer lower-cost models that would be bought every 3/4 years. They could recoup the money from cheaper cars from the faster purchase cycle. Or else move to a leasing model (this is becoming more popular with people I know in the UK, Ireland). |
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I think people buying new cars every 3 or 4 years is already the status quo, regardless of cost. That's the average lease/finance period (though financing duration is increasing).