You ain’t wrong in regards to top shelf quality and how different it is from a standard car, but it’s pointless to buy brand new when a car drops so much in 2-3 years from being brand new. You can find a 2015 S550 now in the tri state area for maybe $42-45,000. That car was about $125,000 brand new with most of the options and an all wheel drive train. A 2016-17 CTS can be found CPO at maybe $22-26,000 in the luxury trim and that was about $52-55,000 brand new. A 2015-16 Escalade can be found at $45,000 too instead of the $80,000+ that it costs brand new. That’s a lot more money to spend instead of waiting 1-3 years.
Most people that have a lot of disposable income lease. They see vehicles as bad assets. You finance a car for 48-60 months and eventually you have to pay to keep it up. Replacing parts.
Some people see cars as a hobby. They don't mind fixing it themselves.
Some people see cars as status symbols.
Some people see cars as a way to gauge their upward mobility.
Some people see cars as something to boost their self esteem.
People have their reasons. But no matter how you slice it, unless its a collectible, cars are mostly bad assets.