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If I summarize this thread, here are the conclusions:
1) In the UK the people who debadge are largely embarrassed to be driving an entry level model, and those with the real thing typically do not debadge.
2) In Europe where society is increasingly communistic and having a few bucks more than the average 35 hour per week manual laborer is considered social exploitation, people often debadge for both cultural reasons. Further some on the continent genuinely believe in minimalism and so a few debadge for optics.
3) The US has a bunch of oddballs who debadge high end models for reasons of aesthetics. However the embarrassment factor in the US of driving a car with a small engine is typically addressed by getting quad exhausts on a 4 cylinder snail powered 528i.
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