You'd need to look at the reasons vehicles are scrapped - mundane cars are scrapped earlier because there's no passion in owning them so no longer any sale value - but they may be just the car to get as a keeper!
You've put your finger on it, whilst people only view their car purely by how much it's worth on the open market, then increasing neglect builds up as the cost-to-be-worth-repairing diminishes to almost nothing.
I don't hold that view, how much any of my cars is worth (very little) is of no importance, age and image are equally of no importance, if the car is othewise good and has potentially some years left before major (read terminal) work is likely then it will get the necessary funds spent to keep it in good order, if it costs me £1000 to fix and prolong the life of one of my cars only worth that amount, so be it.
Not saying my philosophy is right, but it's right for me because i like 80/90's designs and have little interest in modern cars, eventually they'll try to force the older cars off the road, that's OK, when they do that i'll ditch the cars and they'll lose lots of ved insurance etc taxes.
Edited by gordonbennet on 04/09/2015 at 13:38
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