This is generally true and I'm in favor of the policy, it goes back to Alexander Hamilton. But I don't think the auto industry is a good test case. The new era of illogical engineering in auto manufacturers is borderline criminal how they are developing within the paradigm of planned obsolescence. They are making them practically disposable with the inability to afford repairs.
As consumers more and more catch on to this industry wide scam, they will be intentional in seeking out used vehicles that are at least affordably restorable, and also ignoring overall cost if foreign manufacturers are still prioritizing solid reliable vehicles with engineering intelligence and quality parts.
This is generally true and I'm in favor of the policy, it goes back to Alexander Hamilton. But I don't think the auto industry is a good test case. The new era of illogical engineering in auto manufacturers is borderline criminal how they are developing within the paradigm of planned obsolescence. They are making them practically disposable with the inability to afford repairs.
Uncle Tony's Garage digs into this problem: https://www.youtube.com/watch?v=fmto6kYTaZo
As consumers more and more catch on to this industry wide scam, they will be intentional in seeking out used vehicles that are at least affordably restorable, and also ignoring overall cost if foreign manufacturers are still prioritizing solid reliable vehicles with engineering intelligence and quality parts.