Eh... I think it's fine if some people want to subscribe to a car. Some people really like cars, and want to have the newest model. They can lease a car, then return it (lightly) used for someone who is price conscious to get a cheaper car with warranty protection.

I buy old, used, cheap cars because I don't give a flying fuck about what I drive. The cheapest I can get my $/km, while having a reliable vehicle, the better. Sub $10K CAD direct buyer sales are great, for me.

I think it's a waste of money, but I've spent $thousands on my hobbies, so who am I to judge someone else for their hobby spending, assuming they can afford it.