Comment by dingaling

> Wait, insurance includes repair costs?

Yes of course, it's part of the actuarial calculation. As cars age they become more expensive to repair and eventually will cross a boundary where the insurer will write them off on any type of accident, rather than trying to repair. This naturally increases the base insurance price.

OEMs in the EU are only required to produce spare parts for 10 years after a model is withdrawn, which is a strong indicator of when write-off becomes the primary option.