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xkcd #2948: Electric vs Gas
(xkcd.com)
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I myself recently went from a '19 car with 220k km to a '05 one with 460k km because I realized my car's getting driven so much recently, the depreciation is killing its' value. For context, in 2022 when I acquired the '19 car, it had 140k on it.
I'll have to do some wheel bearings, brake pads, belts and pulleys, etc, on the old beater, but all that is way cheaper than the depreciation on a newer car.
To be clear, I don't advocate most people do this, I already knew beforehand what the engine and transmission are capable of. And if need be, I'll even do engine repairs or get the transmission refurbished. The ONLY thing I'm afraid of is bodywork because I can't paint for shit lol
It's not all Kazakhstan either. I'm in Estonia and half of those "200k km" German cars that get imported here have had their odometer rewinded.