> consumers still expect their cars to last 10+ years
Much longer than that. I'm in my mid 20s in the UK, and I only know one person who drives a car that's less than a decade old, and she leases it. Everyone else has cars 1995-2011. Mine is a 2010 fiesta which I bought last year.
Much longer than that. I'm in my mid 20s in the UK, and I only know one person who drives a car that's less than a decade old, and she leases it. Everyone else has cars 1995-2011. Mine is a 2010 fiesta which I bought last year.
The used car market is huge here.