FIH, are you suggesting everyone spend $25K++ (cash or credit) every 6-8 years just to drive the latest model? That would really decimate most people’s budgets and a huge portion of the population isn’t able to do this due to lack of funds or lack or credit (or good enough credit not be taken for a ride by a shyster auto dealer).
In my case, it would cost $60-70K to update my vehicle to the newest (same or similar) model. I can think of so many ways that money could be better spent (assuming it is even spent at all). I don’t drive that much around town (5K miles annually?). If I’m planning on going on an extended road trip, I know where my shop is located and how to make an appt there to have my vehicle checked out. My current reg fee is the minimum $89 year. I realize there is a current bill pending to raise that another $65-75 year for “road and infrastructure improvements.” We’ll see what happens there but I suspect it will pass.
I’ve been driving without a backup camera and heated seats for ~45 years. Why don’t you try to convince me (just another Suzy Q Public) why I need these things now?