You hit the bullseye on that. I still buy CDs just because I like physical control of the medium if I want the whole album, but about the only place I play a CD is in the car because it came out a year before the external player connector was standard. Right now I'm considering reripping my CDs at 192 kbps because I finally have a player I can hear the difference from 128.
When my last CD player died I considered not replacing it and just using my bluray for the CDs, but I found one cheap which also had a USB interface for playing and ripping.
I still buy CDs because I still like physical ownership, and liner notes. But I’m getting more and more willing to not, CDs can be a problem to find (even in the amazon age) and my threshold for just getting the MP3 keeps dropping.