You didn’t completely understand my post.
I said that those who like the status symbol represented by the luxury, are not going to keep those status symbols for long. They want the status symbol, but with a brand new sticker every few short years. An older luxury car does not convey ‘status’.
Even so, I bought a Lexus (3 years old at that time), and the few repairs bills ended costing me about 3 times what a standard vehicle would have cost me to repair. To me it was, NEVER again for a ‘luxury’ vehicle.
I have owned may be a dozen new cars since 1964. I only buy new and trade them in after 7 years or 150k miles, whichever comes first. All GM cars except 2 Fords.
So what is my point? My TOTAL repair bills for all these cars is still under $1000. That does does not include maintenance such as oil changes, tires, coolant changes, filters. Those are additional. I never needed a brake job on any cars since I anticipate stops and coast.