When I go to dealers looking to buy new gear, I bought the previous gear for purposes of impressing future dealers I talk to.
I don’t buy it to impress people coming into my home, because rarely do you bring people into your home who understand audio systems like you do or have appreciation for good quality and if it does happen I don’t wanna dwell on talking about the system.
Aside from impressing dealers I speak to about what I own, I do it for purposes of feeling comfortable with what I’m listening to knowing that i’ll probably buy something nicer and spend more money in hopes that it’ll be a better product. Not interested in reselling because that’s a pain in the ass so I just keep it and create another listening room.
Also I’m highly critical of what I do, and if I’m listening to something that could be better it needs to change otherwise it’ll continue to annoy the hell out of me. Presently I’m comfortable with everything I have with the exception of speakers which are really quite good but I think I might be able to do better. And if this did happen I’ll probably get rid of the current speakers simply because I’m running out of space and they are a pain in the ass to move if I ever relocate and I’m running out of space to keep all the boxes.
I don’t view audio stuff as competitive because that’s sports. I don’t like to buy a really nice car for purposes of being showy when I drive down the street. I’d like to own a Porsche or a Ferrari but I’d be annoyed with all the views I get when I drove down the street and I have to talk about it every time I get out of my car and someone walks over to complement me. So I’ll buy an Audi or something else that’s not as flashy.