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It's definitely a personal choice to drive an old car vs a new one. I have a bunch of collector plated cars, 25+ years old does not mean it's a beater with no amenities. 1997 is 25 years ago now so ABS and P/S etc were around... AC is all R134 converted in the early 90's... heck my 1968 Mustang has power steering but it's a horrible daily driver so I am not even including it as an example.
I wouldn't expect too many people to be like me, I'm an outlier... however... I very much question spending $100k on a used Model X instead of $40k on a used RX350. Same model year, same safety and features standards.
You are NEVER going to close that cost gap between those 2. I don't think the X is any more luxurious either. Prices need to come down to make it viable.
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