I think one of your questions should reflect teh level of maintenance. Most people don't realize that there are no discounts on parts or labor just because the car is old. To the service department, the car still looks like its original price or even more due to inflation.mkaresh wrote:I will be tracking older cars. I'm already collecting data on a number of cars with over 100,000 miles.
At some point after enough maintenance has been deferred, the owner looks at the standard indices of market value for the year and model of his car with mileage and condition, which generally are not an actual reflection of value for any one particular car but a general guide. At that point, the owner decides not to maintain further and to dispose of it or drive it into the ground. this is where long term studies are vulnerable, because that point may be 8 - 10 years or 100K - 150K miles for some, but not others.
