People who love money own and drive classic cars

The people that I know that are reasonably "wealthy" used to buy 2-year old cars and drive them for ten years. That has always been the best bang for the buck in term of dollars per mile and reliability. That whole thing got turned on its head the last couple of years. According to Hyundai my 2020 Elantra has a higher TRADE IN value than I paid out the door. Granted, I got a smokin' deal (about 25% below sticker) in late August 2020. but in normal times it would not have held this much value. I want a newer Durango, but used is outrageously expensive compared to new when you look at cost per mile.

The tremendously wealthy can do whatever they want to. The cost doesn't really affect them, whether they're driving new or old.