In the present economic climate I'd much rather keep my money than spend it on a car, or at least I'd spend it on something a bit more worthwhile.
The way to get value from a car IMHO is to buy one and then run it into the ground (hence our 25 year old G-Wagen and 15 year old Golf) - however, some people think that a new shiney car says something about them
Well it does - but only "I've decided to blow a load of money (that I've probably had to borrow) on a new car, instead of one of a thousand other things I could have spent it on".
I just don't understand this national obsession with cars - I wouldn't mind, but most of them are boring, unexciting objects and there are far too many of the damn things about now anyway. Compare any street near you to the same street 25 years ago - better or worse ??