I’ve got a Mercedes C Class that I bought brand new in 2007. It cost £38k so about 75% of my annual salary, I paid cash for it. I’ve driven just under 100k miles and it has been faultless and totally reliable. I like cars and enjoy driving them and it’s reasuring to know that I can jump in it and drive to the south of France and not have to be worried about it breaking down like I would in an old beater.
Looking to sell it soon and spend about £40k in cash on my next car. Depretiation doesn’t bother me, it’s just a cost of ownership.