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A guy I worked with in Australia had a company Merc which got stolen around the time he stopped working with us and sort-of-retired. When he went to get a car for himself he realised that a luxury car was a waste of money so bought a 2nd hand car. He said that in retrospect he'd wasted a ton of money on a succession of fancy cars over the years.
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@Stonehedge
For what it's worth, the concept of buying oversized luxury cars to give off an air of success and then replacing them on a regular basis is hideous on almost every level.