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Old 05-28-17 | 12:36 PM
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Gresp15C
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Originally Posted by supton
Everything is disposable. Some things more than others.

Some people can't figure out what end of a screwdriver to hold. If they can buy a new bike $150, and the repair on their old bike is more than $150, then it might make sense to them to just replace.

Don't forget, this is a world where people will trade-in a car so that they won't be shocked by a sudden $2k repair bill--while ignoring the fact that they just spent $25k to save $2k. Logic sometimes isn't a linear thing for everyone.
Oddly enough, a lot of people find it easier to budget for a large predictable expense, than a small unpredictable expense.
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