I can completely agree with your points if it is a case of them probably not really able to afford the payments and insurance, which is usually the case as on some part time job or something, if that is the case then I wholeheartedly agree. However there are plenty (I'll include myself as I'm in the age group you refer to) who have a decent paying job and as such treated myself to a newer car, yes I could have gone much cheaper route but that isn't what I wanted to do.They look better when uploading photo's on Insta, and having to have something better than their peers. There is a young lass round the corner from me. Passed her test, and (I assume) given a Ford Ka off her parents. Perfect car for a young 17 year old lass. Less than 2 years later, she turned up in a Merc C-Class. 18-19 year old lass in a bl**dy C-Class. When I was 18 I had a clapped out Mk1 Fiesta 1.3 Chia. At that age any idea's of owning an Audi, BMW, or a Merc was pipe dreams.