While I agree with a lot of what your saying I don't exactly agree with this, older cars like those have a target market, mostly people with a low budget (people who don't work, first car owners, familys that just need a run-around car.), I have a friend who's first car is 1998 Nissan Pulsar with a 160,000kms on it, and he picked it up for $2000 with rwc and rego and it has no issues.