And that is precisely what’s happening now – to all used cars. They are going up in value because people increasingly don’t like – or simply can no longer afford – new cars.
Part of the reason for the not-liking, arguably is because of the over-the-top electronic nannying that comes standard with practically all new cars. It has reached a degree of insufferability that is almost intolerable. Like having a horse fly constantly buzzing – just the right word – around your head.
Lane Keep Assist. Brake Assist. Park Assist. Blind Spot Assist. Pedestrian Detection Assist. Speed Limit Assist.…
Older cars lack “advanced driver assistance” technologies. They don’t attempt to countermand your steering or apply the brakes on your behalf or automatically shut off the engine every time the car stops moving. They don’t put the transmission into park because you tried to back up with the door open – in order to use your eyes rather than a camera and beeping electronics to see where you want to go.
Because of the steadily, inexorably increasing cost of government, necessarily folded into the price you pay. These are the cost of compliance with all of the many federal “safety,” “emissions” and “mileage” befehls – a German word for decree, which is what they are – and which manifest in cost-adding hardware such as smaller engines with turbochargers – to make up for their being smaller, in order to comply with federal MPG mandates.
And aluminum bodywork, which costs more to manufacture and which is more easily damaged and more expensive to repair (and so, insure), costing you more, several times over.
Source: Why Used Car Prices are Going Up – EPautos – Libertarian Car Talk
