the EU didn't provide information on where the average person is supposed to get the funds to just 'throw away' their old vehicle and start over with a brand new one
That's a feature. They don't want you to have any sovereignty of movement: no vehicle for you.
I own vehicles that are over 10 years old, mostly because they still run just fine and I have no reason to replace them. The other reason is because I don't want an EV or a hybrid and the ICE vehicles still available suck.
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