Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (4016)	5/31/2001 4:54:48 AM
From: Step1	Read Replies (1) of 74559

<<<The average age of cars on the road in Japan is over 10 years, I believe, and so think about the pent-up demand!>>> Jay just lurking here, and have been for a long time. Enjoy the thread immensely. Now with all that praise out of the way let me correct the above passage quoted from your message; The average car on the road in Japan is way under 10 years of age, in fact it is very expensive to keep a car on the road after that (because of various taxes and inspections) and although I don`t have the exact number I would say the average car in Japan is (taking a rough guess ) probably under 6 years of age. I have been living here for 9 years and use that to back up my estimate. Now if you are talking the average for commercial vehicles , especially heavy truck or buses, that would very much likely be different as after the 98 Asian blow up, the market for used equipment (trucks, buses, cranes, earth diggers etc) collapsed. So most J cos involved in that field (construction cos, transportation cos dealing with industrial users -- as opposed to delivery cos, door to door type -- ) are having a hard time upgrading their wares for lack of capital. Hope that helps. sg

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