The bank loans are a fair point; insurance likely wouldn't insure them either. The CyberTruck, as a notable example.

I will say it _can_ be difficult to keep up though, you don't necessarily find out a particular model is a lemon until it's too late, so it can take some years for everyone to learn and adjust. I mean a buddy of mine only found out in 2024 that his 2016 Explorer had a common/ known engine flaw (the water pump frequently goes bad and requires an engine rebuild). And so how do you reconcile that against for example some of Ford's other accomplishments? I mean, there's loads of F150s that have lasted forever (or at least used to).

In theory banks/ insurers would have enough data today to be able to map the general trend; so I don't think you're wrong, but at the same time I will counter that we may not yet be fully experiencing the effects of any obsolescence being implemented today.

I guess my larger/ real point is that I just foresee this industry heading the same way as phones, and many computers.