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Device hoarding is costing the economy. (lemmy.world)
submitted 9 months ago by [M] to c/latestagecapitalism@lemmy.world
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[–] 15 points 9 months ago* (4 children)

To be fair, those cars don't just get set on fire when they're done with them. They're supplying the used car market.

It's a terrible idea financially, but it isn't actually wasteful.

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  • [–] 22 points 9 months ago (2 children)

    The demand from it does make car manufacturers to produce more cars. It also floods the market with newer cars, causing older ones being phased out from use earlier

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  • [–] 18 points 9 months ago (1 child)

    Any car that runs will be driven until it no longer runs

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  • [–] 14 points 9 months ago

    It's more about what happens after it stops running. If used cars are scarce and prices are high it makes a lot more sense to do that expensive engine repair. If used cars are cheap, you get more repairable cars going to the wrecker.

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