Yeah I'm too frugal to spend like that on a car. At some point I'll buy a used Model 3...once it costs 30% of that.

For now I love my 40mpg and low maintenance and insurance costs of a 10 year old hybrid Civic.

But you have to think about all the people who buy cars for other reasons...supposed signaling, the impression it gives others, devout brand loyalty, good old consumerism... There's just so many reasons that are "misguided" from a financial perspective, but logical from the personal perspective.