This.BTW, I can tell you that I was much happier driving a Ferrari vs a BMW. You can't even compare the two. But, how would you know? Oh, you read a study.
Almost everyone I know who contradicts this has never actually experienced it. Everyone I know who bought a supercar AND could afford to actually run it, has enjoyed the experience and cherished the memories it's created.
I'll give the data point of me.
When I bought my first Porsche 911, my uncle learned it had been ordered and said to me unsolicited "Buying a Porsche won't make you happy". I replied "I'm not buying it to make me happy, but I think it will be a fun car to have".
The day it arrived I had a HUGE smile on my face. Every time I drove it I had a HUGE smile on my face. Even now years later when I think of that car I have a HUGE smile on my face. It was super fun to drive and I felt good having it.
On the first day, my wife (who is actually a good driver) blew out a tyre. It was no biggie, we laughed about it, called a guy out and he changed it for a new one. So many friends said "Oh if I got a Porsche and my wife did that I'd be so angry".
My response "Why would I care about a $500 tire when I've just dropped $100k on a car? I care that no one got hurt.".
That's the calmness money buys you. The reason ppl get mad is when they stretch to flex, and then some obvious but unforeseen expense comes and the illusion starts slipping.
By the way I drive a BMW these days as I wanted something more practical (435i M Sport Convertible). I love that car too, it is also fun but let me tell you it doesn't make me grin ear to ear like the 911 did. As @biophase says, you can't even compare the two.
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