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This is also my conclusion, in the same way that if you get into a fender-bender there, you junk the car because it's dishonorable to drive the car after you go
by mbushey 3y ago
This is also my conclusion, in the same way that if you get into a fender-bender there, you junk the car because it's dishonorable to drive the car after you got into a [minor] accident.
- jamiek88 3y agoReally? Wow! So different. Although with repair cost and complexity increasing, many more cars are totaled / written off than used to be here in the US. Particularly EV’s. I heard houses were a depreciating asset in Japan too. Funny how cultures are different.
- mbushey 3y agoThe reason houses in Japan are such a depreciating asset is due to the population collapse. It's estimated there is a surplus of about 10 million houses.
- lazide 3y agoThat and culturally no one wants a 'used' house. They don't appreciate because a buyer is expected to tear down the old one, and so it's just in the way. [https://www.theguardian.com/cities/2017/nov/16/japan-reusable-housing-revolution https://www.theguardian.com/cities/2017/nov/16/japan-reusabl...]
- doubled112 3y agoI remember seeing ads for $250 Maaco specials as a kid. They'd paint the whole car for that, although I can't imagine it'd be a good job. A budget paint job on a single panel is up to $750 now.