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Identification of the Right Moment for Motor Vehicle Replacement—Life-Cycle Analysis in Serbia and Montenegro

Author

Listed:
  • Vujadin Vesovic

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Dragutin Jovanovic

    (Faculty of Economics and Engineering Management, University Business Academy, 12000 Novi Sad, Serbia)

  • Milos Arsic

    (Faculty of Economics and Engineering Management, University Business Academy, 12000 Novi Sad, Serbia)

  • Zoran Avramovic

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Svetozar Sofijanic

    (Belgrade Polytechnic College, Academy of Applied Technical Studies Belgrade, 11000 Belgrade, Serbia)

  • Boban Djorovic

    (Military Academy, University of Defence in Belgrade, 11000 Belgrade, Serbia)

  • Natasa Gospic

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Nena Tomovic

    (Faculty of Economics and Engineering Management, University Business Academy, 12000 Novi Sad, Serbia)

  • Dragan Milosevic

    (Faculty of Economics and Engineering Management, University Business Academy, 12000 Novi Sad, Serbia)

  • Mladen Dobric

    (Faculty of Economics and Engineering Management, University Business Academy, 12000 Novi Sad, Serbia)

  • Sinisa Arsic

    (Telekom Serbia, 11000 Belgrade, Serbia)

  • Dragan Kostadinovic

    (Military Academy, University of Defence in Belgrade, 11000 Belgrade, Serbia)

  • Safet Kalac

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Velibor Peulic

    (Faculty of Business Economics, PanEuropean University ”Apeiron”, 78000 Banja Luka, Bosnia and Herzegovina)

  • Tibor Fazekas

    (City Hall Administration, 24000 Subotica, Serbia)

  • Dragana Rosulj

    (Belgrade Polytechnic College, Academy of Applied Technical Studies Belgrade, 11000 Belgrade, Serbia)

  • Dijana Medenica Mitrovic

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Jasmin Hodzic

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Marijana Prelevic

    (Faculty of Traffic, Communications and Logistics, Adriatik University Bar, 85310 Budva, Montenegro)

  • Milan Andric

    (Ministry of Interior of the Republic of Serbia, 11070 Belgrade, Serbia)

Abstract

This paper deals with the issue of planning the end-of-life phase of motor vehicle life cycles in Serbia and Montenegro. This topic is trending around sustainability issues, given the very unfavorable age structure of vehicles and the increasing import of used cars, which intensifies the problem of the number of waste vehicles. On average, a motor vehicle is in active use for a period of 10 to 15 years. Individual phases of its life cycle are indicated differently, using multiple parameters. All phases are influenced by many factors, but this paper focuses on the phases of active use and the end of life of a motor vehicle. This paper investigates these two phases in terms of the influencing elements. The main aim of this study is to lay the foundations for making adequate decisions on how to handle end-of-life vehicles, from the perspective of their drivers. The study includes performing quantitative research analysis via the k-means clustering technique on a sample of 1240 drivers (private and commercial vehicles), in order to draw concrete conclusions through appropriate statistical analysis. The key findings suggest that different market, business, and environment indicators define the phases of active use and end of life, throughout the life cycle of a motor vehicle. Future research will expand the sample to surrounding countries.

Suggested Citation

  • Vujadin Vesovic & Dragutin Jovanovic & Milos Arsic & Zoran Avramovic & Svetozar Sofijanic & Boban Djorovic & Natasa Gospic & Nena Tomovic & Dragan Milosevic & Mladen Dobric & Sinisa Arsic & Dragan Kos, 2022. "Identification of the Right Moment for Motor Vehicle Replacement—Life-Cycle Analysis in Serbia and Montenegro," Sustainability, MDPI, vol. 14(5), pages 1-22, February.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:5:p:2744-:d:759141
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    References listed on IDEAS

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    4. Ana M. Aizcorbe & James T. Hickman & Martha Starr-McCluer, 2003. "The replacement demand for motor vehicles: evidence from the Survey of Consumer Finances," Finance and Economics Discussion Series 2003-44, Board of Governors of the Federal Reserve System (U.S.).
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