I can understand wanting a flash car. I can understand buying new, especially for the peace of mind.
What I’ve always struggled with is why people spend so much relative to their income, especially when the car isn’t essential for that income.
I work with people who’ve taken out loans close to their yearly salary, that they’ll be paying off for years to come, to buy a car they use once a week.
Of course people buy all sorts of things on credit but cars really seem to go to people’s heads as a status symbol.