Quote:
Originally Posted by biguc
Finessing, automated cars don't quite exist yet, so I don't know how you think they would disrupt auto sales.
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That's right. And given that electric cars have far fewer moving parts - making them cheaper to maintain - car ownership could just as well
increase.
Now spoiled kids can have a car, since they won't need a driver's licence. Seniors too.
Quote:
Originally Posted by biguc
Yeah, mature economies don't shift to providing services over manufacturing goods.
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Cars have been part of a mature economy for 70 years. The number of people renting them for regular use - compared to owning them - is almost non-existent. (And no, leasing doesn't count. Leasing a car is much closer to ownership than to renting or a service.)
Quote:
Originally Posted by biguc
You even defeat your own point when you say that it's more lucrative to rent. If that is the case, people rent and don't sell.
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You miss the point. It's more lucrative
for the dealer. Consumers can ignore the rental service, and almost always do. Only an insignificant percentage of people rent their full-time use cars, or their TVs or computers or furniture, despite those rentals being widely available.
Homes are the significant exception. Largely because they're an exception in another way: They appreciate over time. A home - house or apartment block - is worth more a decade later. The rental agency can compete with ownership, renting at cost and still making money. While after the same decade, the value of a car or TV is pretty much gone.