Not really, it is enjoyable to allow a car to grow into a trusty old dog. I can well afford new, but our newest car is now seven years old. Our oldest (my old MGB, used for actual transporatation occasionally, but not really needed) is thirty-one years old. I have had it 28 years.
I think there are a few reasons people buy new rather than repair.
1. Almost anyone who can sign their name can drive away from a stealer in a brand new machine. For the average cashless American, financing a repair is a little more difficult.
2. Ignorance, of the function of the car, repair options, and servicing alternatives. There is always the possibility of working on the car ones's self, but few people do so. There are also many good, talented and honest indie mechs out there. Few people are sophisticated enough to find them. Their idea of vehicle service is Sears, Jiffy Lube, and the stealer. In many cases, their idea of vehicle service is to ignore it.
3. Most owners don't really like their cars, and are thus willing to discard them like worn out underwear.
4. Most owners lack the understanding to see that the car may go through a repair/replacement cycle at 120-150K, after which it will settle in for a number of additional reliable miles. A really good, trustworthy mechanic can help with this, by pointing out those parts which are pattern failures for a given vehicle. This is also why brand or model specific websites are valuable. If you know what to expect to break, you can take care of it before it does, and you are not left in the dark as to what you should expect.
I think there are a few reasons people buy new rather than repair.
1. Almost anyone who can sign their name can drive away from a stealer in a brand new machine. For the average cashless American, financing a repair is a little more difficult.
2. Ignorance, of the function of the car, repair options, and servicing alternatives. There is always the possibility of working on the car ones's self, but few people do so. There are also many good, talented and honest indie mechs out there. Few people are sophisticated enough to find them. Their idea of vehicle service is Sears, Jiffy Lube, and the stealer. In many cases, their idea of vehicle service is to ignore it.
3. Most owners don't really like their cars, and are thus willing to discard them like worn out underwear.
4. Most owners lack the understanding to see that the car may go through a repair/replacement cycle at 120-150K, after which it will settle in for a number of additional reliable miles. A really good, trustworthy mechanic can help with this, by pointing out those parts which are pattern failures for a given vehicle. This is also why brand or model specific websites are valuable. If you know what to expect to break, you can take care of it before it does, and you are not left in the dark as to what you should expect.