There’s a Veblen element in the automotive world as well. But like for like a modern car will have drastically raised its performance and efficiency. Even if one goes down the Porsche route a 25 or 30 year old would hardly know where the equivalent modern model went after a handful of corners. That’s not to say that there’s no charm or appeal to the vintage experience but the modern one happens at a much higher level of performance and efficiency (in spite of massively higher weight and size).