A BMW really does feel better to drive than a Camry (more responsive acceleration, more responsive steering), and it comes with all sorts of small amenities that you get used to.
I drive a Camry because it's cheap and reliable and gets me from home to office with minimal drama. But I can definitely feel when the engine power lags and gears shift awkwardly going up hills or onto highways, and steering feels kind of numb and floaty. Think of the difference between cheap clothes and expensive ones: you can feel the difference, but it's unclear how much that difference is worth to you.
Also, if you look closely, you can see where the designers were careful to cut corners. Some of the button interfaces on my Camry's steering wheel and certain other panels aren't beveled, so it's harder to use them while your eyes are on the road because you can't navigate the buttons by touch. There's no automatic climate control, so you fiddle with it more. And so on. I wouldn't pay an extra $30k over 5-8 years to fix those things now, but if I had the spare income and knew I'd be spending an hour a day in my expensive box, I might.
All of my criticisms were based on my observations driving the 2018 model. I think the Camry is the reigning champion of "best bang for your buck," but it leaves plenty of room for improvement if you have a bigger budget.
Depending on how all this is weighted and added up, it can be the right thing to replace a car sooner than later.
Luxury cars aren't build to last. The target market is generally not keeping their cars around for more than a few years. I keep the proverbial purse strings pretty tight for most things, but even for me, the additional cost of premium gas is largely unnoticeable. I do get frustrated by some engineering choices: On the Hyundai, if you had 13mm & 10mm sockets and a Phillips head screwdriver you could practically disassemble the entire car, but on the Mini I needed three different size Torx heads to take the stereo out - thanks BMW.
I largely avoid the dealer for maintenance, but after a few snafus at my local garage, I went to the dealer for a new radiator, and they gave me a brand new Mini as a loaner, and I lived 40 miles from the dealership - which in many ways feels more akin to an Apple store than a garage with a sales office. Every time they work on the car, no matter how small the job, it gets a complimentary car wash there.
Parts are marked up tremendously compared to my Hyundai, but again, the cars aren't necessarily built to last, so much as they're built for experience. This is exemplified in my Mini by "lifetime transmission fluid." There's no (easy) way to drain and refill the fluid in my automatic transmission (I'm in a city, I'm done with stick for now) because the fluid is "good for the lifetime of the car." At 12 years old and 150,000 miles, I've definitely exceeded the expected lifetime of the car.
But it's fun to drive. It's easy to park. It's surprisingly well equipped for something so old. The interior trim is nice, although particularly with a Mini, there are more than a few "form over function" UX issues. People express shock when I tell them how old the car is. The experience at the dealership is tailored for people who have more money than free time, and who trade for a new car after two or three years. No one ever expressed excitement about getting into my Hyundai, but I still get people telling me, as we get in the car, that they've "always wanted drive a Mini Cooper"
The other thing luxury vehicles offer that's less sexy but worth the premium: Advanced safety features. It used to be that you paid extra money for things like chrome and leather interior. Nowadays, what sets luxury vehicles apart are the cutting edge tech and safety features.
All that being said, my next vehicle is probably going to be a Ford Transit Connect. Hard swing back toward utility and serviceability. I'm going to miss the Mini though, warts and all.
That's very obviously an anti-theft measure to deter casual smash and grab jobs.
Torx head, sure. Two different size Torx? I mean, fine. Three? Now the crowbar comes out, and they've ruined your entire interior. I say this as someone who lives on a street that has had a lot of smash and grabs, before my wife and I began weekly garbage cleanups & installed a very visible camera on our building facade.
In many cases with BMW/Mini, I would contend that it's very obviously a deterrent from having you do casual work on your own car, and pushing you into their service model. By comparison, Hyundai publishes their service manuals online in their entirety, for free - or at least they did in the 2000s when I was driving that car.
It should have at least another 5 years and 50-100K miles in it.
I mean, I get it - my father drives his 1973 Z28, and it didn't make it all the way to 2018 without a lot of work over the decades. I think that if I lived in a suburban house with a garage, I'd lean towards keeping it as a project car. I've got a project building in Philadelphia instead (small venue, Airbnb & home, with walls originally erected in 1761!), and I walk ten minutes to work, when I'm not working from home, and it's a three minute walk to the subway/bikeshare/bus stop.
I used to find joy in taking care of my car, but in my current situation, it feels like I've got better things I could do with my time.