Martinjmpr
Wiffleball Batter
With regard to longevity, i.e. which vehicle will make it to 200k without any major problems, or 300k or more (any more 100K+ is a given. My DD is a 96 Mazda B2300 A/K/A Ford Ranger with 152k on it and I hardly do anything to take care of it) I wonder how significant this is to a NEW vehicle buyer?
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Somewhere, somebody's got a statistic that shows how long, on average, and how many miles a new vehicle buyer keeps a vehicle. I'd venture a guess that most new vehicle buyers probably don't even keep their vehicles to 100k, in fact I'd guess 3 - 5 years and 60 - 80k is probably the norm.
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And if you think about it, why should a manufacturer care about anybody EXCEPT the new vehicle buyer? After all, he's the only one who put money in the manufacturer's pocket. As I've often said on this forum, I like Toyota but Toyota doesn't have any reason to like me. The first and last time Toyota Motor Company got any money from me was in 1985 when I bought a new Hilux. I've owned 3 other 'Yotas since then but since I bought them used, Toyota, Inc, never profited one dime from that.
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Of course it's true that people are more likely to buy a new vehicle if they think they'll do well on resale when they sell it, so in that sense Toyota's legendary longevity and reliability is an asset that helps sell vehicles, but really only up to a certain point. By the time any modern vehicle has 160K miles on it, it's probably on at least owner no. 4. So any money that Toyota spends to try and make a vehicle last 300k miles is probably not money well spent, since the number of customers who buy new and actually expect to keep a vehicle that long are a microscopic minority.
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To put it another way, what is the benefit of having a capability, whether it's the capability of towing a 12,000lb trailer, or the capability of going 300,000 miles without any problems, if the buyer never intends to use that capability?
.
Somewhere, somebody's got a statistic that shows how long, on average, and how many miles a new vehicle buyer keeps a vehicle. I'd venture a guess that most new vehicle buyers probably don't even keep their vehicles to 100k, in fact I'd guess 3 - 5 years and 60 - 80k is probably the norm.
.
And if you think about it, why should a manufacturer care about anybody EXCEPT the new vehicle buyer? After all, he's the only one who put money in the manufacturer's pocket. As I've often said on this forum, I like Toyota but Toyota doesn't have any reason to like me. The first and last time Toyota Motor Company got any money from me was in 1985 when I bought a new Hilux. I've owned 3 other 'Yotas since then but since I bought them used, Toyota, Inc, never profited one dime from that.
.
Of course it's true that people are more likely to buy a new vehicle if they think they'll do well on resale when they sell it, so in that sense Toyota's legendary longevity and reliability is an asset that helps sell vehicles, but really only up to a certain point. By the time any modern vehicle has 160K miles on it, it's probably on at least owner no. 4. So any money that Toyota spends to try and make a vehicle last 300k miles is probably not money well spent, since the number of customers who buy new and actually expect to keep a vehicle that long are a microscopic minority.
.
To put it another way, what is the benefit of having a capability, whether it's the capability of towing a 12,000lb trailer, or the capability of going 300,000 miles without any problems, if the buyer never intends to use that capability?