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Personally I could never bring myself to waste that much money on a car. My mentality would probably be different if I was born into money, but I wasn't. Whether it be an overpriced car or a huge house, if you can have the same comforts and satisfaction for way less then why are people willing to spend triple or more? Basically just to say look how much better I am than you.
I'm not saying people should be buying the cheapest things they can find, but there are nice things, and then there are overpriced things where people just pay for the status.
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