I'm with Barry. I have bought a number of new cars back when I didn't have the current skill set. The new factor wears off and the cycle begins again. Just the way the manufacturers planned it.
If you can avoid the cycle at an early age and invest the savings in something tangible you will be way ahead of the power curve.
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Drive cheaper cars, don't eat out and you can retire about ten years younger.
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Twitch Kitty said it best. I am about at that point now. The $50K on new cars that I spent in the 80s and 90s, invested at the rates of return in those days would have gotten me done sooner.