OP here. I understand status-based acquisition (hell, I’m guilty of it too), but part of my question was why these wheels ended up being the object of choice.
The statement above, along with the point about their car actually being less transitory than their dwelling, was a complete surprise to me. I’d never considered the transitory nature of that area, and I had no idea that conditions could conspire to make additional savings a poor choice.
Ignorance has definitely been fought here. Wow.
Thanks to all for their posts. This has been fascinating.