Why are older car parts cheaper?

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asked Apr 13 in Repairs/Maintenance by vdog55 (3,220 points)
Why are older car parts cheaper?

1 Answer

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answered Oct 23 by Gaperkins (11,140 points)
Older car parts are cheaper due to the simpler design and less advanced technology needed to make them.

Older car parts are also often readily available when they are in demand.

Most older cars are simpler to work on than newer cars and repair expenses can also be cheaper.

Many aftermarket parts which are cheaper to make are made for older cars without the need to buy more expensive OEM parts and for some older cars the OEM part may not even be made or available anymore.

Older car parts can also be often harder to find when it comes to parts for older cars.

If the car has been discontinued that also makes it harder to source parts for as when demand for the parts are low they may not be stocked in auto parts stores and may need to be ordered or made.

You can often find many older car parts and car parts for older cars and vehicles online such as through Amazon, RockAuto and even eBay.

The car parts that are hard to get are body parts, electrical parts, mechanical parts, doors, body panels and microchips.

Parts for older or discontinued models of cars can be hard to get and even parts for collector cars and classic cars can be hard to get.

Microchips and other electronic components have been in a shortage and are often on back order.

The cars that have the highest repair cost are Porsche, Land Rover, BMW and Jaguar.

RAM 2500-5500 and Ford F-250 and F550 Super Duty also have high repair costs.

The car manufacturer that has the cheapest replacement parts is Toyota.

Toyota's are one of the cheapest cars and vehicles to maintain and buy replacement parts for and are also very durable and reliable vehicles with efficient engines.

Honda also has some of the cheapest replacement parts and are also long lasting cars.

The richest car company is Tesla which is the most valuable car company in the world.

Tesla has a brand value of around $71.9 billion in 2024 and is based in Palo Alto, California.

Tesla has also seen steady growth in it's ranking among the world's most valuable car brands.

Tesla's revenue in 2023 was almost as much as $96.8 billion dollars and the Model Y Tesla was the best selling electric vehicle globally.

The car that is No 1 in the world is the Toyota Corolla which is the world's best selling car with 1.12 million sales in 2022.

The RAV4 is Toyota's second best selling car and the third best selling car is the Camry.

The most expensive No 1 car in the world is the Rolls-Royce.

The most sold electric car in the world is the Tesla Model Y which had over 1.15 million sales in 2023.

The Toyota Corolla is the second best selling car with over one million sales in 2023.

Other best selling vehicles are the Ford F-Series which sold 750,789 trucks in 2023.

The Toyota RAV4 which sold 868,309 vehicles in 2022.

The Tesla Model 3 is also a very popular car with over half million sales.

The Mazda MX-5 is the best selling convertible sports car of all time with over a million sales.

Other best cars which are also more expensive include.

Rolls-Royce Boat Tail. There is no other car as expensive as this one, costing over $28 million.
Bugatti La Voiture Noire.
Rolls Royce Sweptail.
Bugatti Centodieci.
Bugatti Chiron Super Sport 300+.
Mercedes-Maybach Exelero.
Lamborghini Veneno.
Lamborghini Sian FKP 37.

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