> As long as they don't offer warranty for 10 years or 20 years, I consider the machine to be on a 5-10 year lifecycle, like most appliances today.
That's not how it works. If a product on average lasts 20 years, you can't give a 20-year warranty because life expectancy has a highly skewed distribution. If one out of three machines live for 40 years and two out of three machines live for 10 years, that is 20 years on average, yet you will make a loss on 2/3 of the machines.
> I consider the machine to be on a 5-10 year lifecycle, like most appliances today. The good days are over sadly.
In reality, it's just a rationalization for buying cheap crap: you just assume that all products are equally bad, and then you just buy the cheapest stuff you can find. That's how we ended up where we are now.
That's not how it works. If a product on average lasts 20 years, you can't give a 20-year warranty because life expectancy has a highly skewed distribution. If one out of three machines live for 40 years and two out of three machines live for 10 years, that is 20 years on average, yet you will make a loss on 2/3 of the machines.
> I consider the machine to be on a 5-10 year lifecycle, like most appliances today. The good days are over sadly.
In reality, it's just a rationalization for buying cheap crap: you just assume that all products are equally bad, and then you just buy the cheapest stuff you can find. That's how we ended up where we are now.