Will Your "Modern" New Car Still be on the Road in 2060?

Today I had a chat with a family I know, speaking about the cost of cars and how much trouble they had become (I quit driving, I only renew the licence to drive). A friend's daughter explained that the life expectancy of a new car is now 7 years, with repairs and replacement parts being unavailable or too expensive to be worth the trouble. Are people now expected to change a car as often as they replace a mobile phone and, if so, how fast would costs add up? What about environmental factors? That's aside from safety issues and many other aspects. It came up that some lady had impulsive buying habits with cars (most likely purchased based upon loans, i.e. not at all) and habitually fell for online scams. That made one seriously wonder about the correlation.
The above car is from 1993 and still works, still in use, with the occasional servicing needed (not so pricey either). 33 years for a car isn't bad. About half of the world's living population is younger than 33.
Today's appliances are made to fail (or not made to last). It's more profitable for companies that make them. █
