I'd say the reasoning is adjacent but not the same. There will always inherently be some harmonic distortion when playing a record, and that sounds pleasing to the ears in a lot of cases.

But the main reason records usually sound better is simply dynamic range.

I'm a huge fan of 80s club music (Paradise Garage type stuff). I've spent a lot of time and money over the years ripping those original records, because unfortunately the digital releases of a lot of those songs were brickwall limited, which ruins the dynamics and punchiness of the drums and other elements of the music. I'm sure the same applies to other genres.