Luxury good are treated differently than utility goods. Nicely described by Peter Egan. https://www.roadandtrack.com/car-culture/a29022/side-glances-why-do-we-s

Luxury good are treated differently than utility goods. Nicely described by Peter Egan. https://www.roadandtrack.com/car-culture/a29022/side-glances-why-do-we-sell-our-cars-peter-egan/ https://www.roadandtrack.com/car-culture/a29022/side-glances...