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Automotive

You’re right 👍🏻

 

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).


With the exception of restomods the use of engines over periods of decades would be practically impossible in the car world but is the standard in the watch one. 

That’s all not to denigrate the one or the other industry - they are simply different and cater to a different need profile 😊

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