Why would that be an opinion question? My Ranger is a 2003 and one bike is a 2005 and another is a 2007. I do not see replacing any of them in the near future. Does that make me a bad or stupid person? I just don't like being in debt.
no it doesn't. If a car takes me from point A to B, the car's fine. A new car drops in value as soon as you drive it off the lot. One might be far wiser to instead add that $ to their retirement account (compounding over time is everything) or pay down their mortgage (build equity + value increases) unless the car they've got is becoming too expensive to maintain or just doesn't work anymore.