>> Also, what happens if the motor manufacturer ceases to be like Rover, Mercury, SAAB etc.
>> relying on software updates could make expensive hardware a lump very quickly.
Rover and SAAB cars quickly disappeared from the streets. Neither of them required software updates. Its a recognised fact, if the maker of your appliance goes under, support of same quickly becomes untenable.
The car you bought will still function as a car, to the required mandated legal requirements in force at the time of purchase, even if your feature laden luxury list expires.
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