I buy the CD-format, because in theory, I can do that anonymously (cash at the store). I don't buy the vinyl, because I explicitly want the digital format (see my reply to another comment on this thread as to why).
I rip the CD, because, well, my phone doesn't have a CD-drive (wow, that would be weird...).
At this point... I'd actually throw away the CD, because I hate having stuff. I don't care about showing off my collection to anyone, nor do I care about collectibles, but having stuff is just... cumbersome. But alas, I don't throw away the CD, somewhat because of sentimentality and also because if you have a physical copy of digital data, that's not a bad thing to keep, just in case, so ok, it stays.
Considering a vinyl is analog and also more cumbersome, I think it's pretty clear why I prefer the CD.
How about a floppy drive? https://www.youtube.com/watch?v=iT1l8Dcjb1Y
Vinyl actually has less dynamic range than CD - it's the equivalent of around 12 bit dithered PCM.
I'm not sure, but I'm guessing in modern recording techniques, it's pretty soon converted to a digital format, and from that point on, vinyl wouldn't make sense, as any analog conversion (and even worse, a following reconversion to digital) is tantamount with quality loss (if you still know photocopiers, it's like copying the copy, and then copying that copy, etc.. or in more modern terms, endlessly resaving a JPG picture, or something like that).
At the risk of sounding polemic: There's a lot of ...sound from analog audio equipment on vinyl, that's non-existent on a digital format.
It's quite ironic, humans abandoned analog formats in video, where that is a definite loss (DS9 and VOY, anyone?), since we can always add more pixel density in playback devices, but embrace it in audio, which is... well, at least in my opinion, a subjective loss, too, and unless we can consciously slow down time-perception, 44.1 kHz sampling will forever suffice.
Besides, all too often your digital sound recording isn't making use of 16-bits of dynamic range, what with the loudness war peaking during the CD era. Oftentimes the vinyl versions of albums are mastered a lot more conservatively since brickwalling the recording with compressors and limiters will cause the record needle to skip.
My thought at the time was that unless they have a string orchestra in the back seat, they're not getting the full experience.
I still maintain that a string orchestra in the back seat of my car will sound better than FLAC.
And strangely enough, even with the usually great "right to repair" laws in the EU, unless you have a very specific and expensive license that takes many years to request, it is actually highly illegal to perform certain kinds of repairs on your string orchestra.