This is because there's basically no market for used cars older than 5 years in Japan
https://www.google.com/amp/s/www.picknbuy24.com/amp/column_1...
Still, according to this popular used car site, vehicle made in 2002-2011 is listed 109k, 2012-2021 is 319k so newer cars are more sold well. https://www.carsensor.net/usedcar/index.html
I read that something like 60% of cars registered in NZ are Japanese imports.
IMHO Japanese used car exports have a lot of the characteristics of "dumping" (in trade terms) but because there is no local vehicle manufacturing in most of the places they end up, nobody complains.
We mostly don't have snow and I don't think any region salts their roads, so rust isn't much of an issue with something that new.
The fact that insurances value a car of 35k€ at, I’m guessing, 25k€ at the exit of the garage, then 18, 12, 7, 4, 2k€ the following years, means that people see no value in used cars.
Whereas the real value of a car is certainly 25, 24, 23, 22, 21, 20k€ along the years, and when one recycles it, it’s actually a huge new cost for the household, for a car that could last 20 years. It breaks after 7 years? “Yeah buying a differential costs more than the entire price of the car, sir.”
I personally drive a jap car from the 90s and 400+k on the clock. I can fix everything myself including rebuilding anything i need. My wipers arnt controlled by a CANN BUS, they use a simple mechanical switch. There is a new killer on the block that makes corrision look like childs play - its called computers. Cars these days are literly THROW away with the amount of electronics on them. Replacing the guage cluster on a new econo-car like a hyuandi can cost upwards of 8k. Instance write-off, doesnt matter that the engines wont lost 150k, because the electronics that manage it are discontinued way before that. Got a broken wire in your loom? thats 5k to replace.
