The nonsense, in this case, is the idea that cars are only designed to last 5-7 years or some other absurd statement. I could have been a bit more clear about that.
While that is nonsense, there are vehicles out there that are designed to a different standard. Hence the Landcruiser link. Not every vehicle can be that; but that doesn't mean that buyers of every other new car are being fleeced.
I remember when I was a kid watching my dad put 2+ quarts into an early 80s Tercel that was somehow still running despite no oil whatsoever on the dipstick. From that era I would agree that had he been so neglectful of a car that was not a Toyota it likely would not have survived. But that reputation that Toyota and to a somewhat lesser extent Honda earned from cars they sold in the 80s makes people over-value them today relative to their domestic counterparts (IMO, of course). If I were buying a used car on a small, fixed budget I would rather have a much newer Ford than an equivalently priced Toyota even if there is a small gap that remains in reliability. I value newer safety standards, newer technology (Sync 3 with Android Auto/Car Play/etc), and lower salt exposure since I live in the Northeast.
My dad would still say reliability and fuel economy are the only things that matter and would still be driving those 80s Tercels if he could get parts for them.
Viper GTS