If I had not bought my car (it was at 300 000 km) I'm pretty sure it would have been sold in Eastern Europe instead, or maybe Africa since it's a Peugeot (a 406).
In the countryside, it's also very common to have both a nice recent car, and an old reliable one like mine for the dirty work. Most people I know do have one car that is a few 100 000s of km. Also, we mostly use diesel here, and these are supposed to be much more reliable than the gasoline engines used in the US (and I'm not going into the purported lack of reliability of American cars to begin with). I'm talking about everyday cars that are 15 or 20 years old, not classic cars.