Thanks
rajushank84, for starting this interesting thread. This being a highly subjective topic, I would like to share my views from three separate angles. First being as a manufacturer of the car, second being the owner(first owner to be precise) and third is through the lens of a potential buyer looking to purchase a pre-owned car.
Manufacturer's Definition of a "too old" car:
Car is an integration of several thousand parts, with each part having it's own lifespan. So, from a manufacture's view point a car is evergreen as long as we maintain the car well and continue to replace the failing parts on time. However, at some point of time, we find ourselves in a situation where several parts requires replacement at the same time to upkeep the car. The time frame is based on the quality of parts used by the manufacturer, and as quality comes at a cost, so the thumb rule may be higher the production cost of a car.. better would be the quality of the parts used in it. Now, as a manufacturer they would want to build all the components to be fitted in the same car with a lifespan within a certain range. The outlier here may be the components with heavy usage or subject to various environment factors. Still, they would be very few when compared with the other parts. Thus, after a certain point of time and in progression we would find that we still have the car, but nothing inside or outside it are the ones we initially purchased with the car! This, of course is subject to availability of parts and no law based on car’s age, to categorize a vehicle unfit on road.
As an existing car owner:
The assumption here is that the owner initially purchased the car as brand new. The owner here is the best person who knows how well or badly he maintains his car. There are several psychological or business factors of the owner that factors into his/her car, redefining the car's age to accommodate it into the "old age" bucket. Few years back, we had an outage for one of our US based clients, to resolve the issue someone from our company had to work at the client's location. As usual I called one of my colleagues in the US, not too far from the client's office and asked his help. He was apologetic; however, he did provide an alternate contact person. He told me, "I wish I could help our client, however there is too much of ice and snow outside and I would not want to take my brand-new car in such a hostile condition. Few days later, I asked him over an informal chat what was the brand and make of his car. He told me the details and added, "Buddy you know it just over three-year-old". Next few hours I started a random survey in office asking my Indian colleagues till what time would you continue calling your car "brand new"? To my dismay, one year was the maximum time I got out of my informal survey. Coming back to the point of a car being labelled "too old" by an owner is subject to:
1. Owner's own take, he might call a car "too old" as the first renewal date of the car insurance approaches or he may wait till the end of fourth renewal before he concludes that the car is "old". Note: I intentionally did not mention "too". Because, here his "too" is determined by his ability to purchase a new car without compromising too much on his existing income and expense
2. There is a second category of owner, whose initial car's handling can only be matched by dirt car racing drivers. These people sometimes feel to keep a car longer, however the expense they incur on maintenance later is sky-rocketing and are forced to sell off their cars
3. Social pressure and the urge stand out among peers and neighbors drives some owners crazy, forcing them to sell of the existing car and purchase another car which is bigger and more expensive than the existing one. They term it as an "upgrade", I don't disagree on the added necessity, but mostly it is driven by social pressure rather than an absolute necessity
4. I have ignored the self-employed and the business community, their purchase most of the time can be justified. Given, the fact that they save on taxes in addition to a little business edge ... including the fact that their creditors and lenders gets a non-verbal communication sent across of a well to do businessman
A potential pre-owned car buyer(individual):
For a potential preowned car buyer, any discontinued model is a "old model" car. The model may have been just been launched with minor facelift. Preowned car purchaser is a value seeker and given the fact that knows he is purchasing something old, it is natural for him to suspect every car with a thought provoking him that there is surely a major issue with the car, else why would someone sell off such a nice car. The buyer uses all his tools and resources at disposal only to rule out the previous owner or the car dealer is trying to hide something from him that he is unaware of. It is ultimately his tools and resources that helps him finalize his car. He does not care too much about the age of the car, apart from the fact that how long would the car be allowed on road. Bottom line, the definition and classification of the age of his vehicle is proportional to proximity of car's age to law of the land on road worthiness. The thing that matters most to such buyers is the "value" he gets out of his purchase.
Thus, a car is never "too old" or is "old" after it is out of showroom. Age of a car is subjective to the owner or to a potential preowned car buyer. Having said that, a car owner who sold a five year old car previously may always perceive any five year old "too old" for rest of his life