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There is no really good reason for people to change cars - most are because of status concerns, gizmos, boredom with current, or habit (always every three years).
Nearly all modern cars with reasonable care and regular servicing will cover:
- 100k with litte other than routine or minor replacements
- 100-200k may need shocks, bushes, clutch, starter, wiper motor etc
- up to 10 years no corrosion bar accident damage
PCP contracts of 3-4 years mean that once people are used to paying £xxx per month it is easier to change than keep (which would require a final payment of several £k). If they do the sums (many obviously choose not to) even a modest PCP at (say) £250 a month is £3k pa - much more expensive than buying and keeping for (say) 10 years.
Otherwise cars will typically last 10+ years without major expense rendering them a write off.
But it's a free world - people can chose what to do with their hard earned!
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