I always recommend buying enterprise grade hardware for this type of thing, for two reasons:
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Consumer-grade hardware is just that - it’s not built for long-term, constant workloads (that is, server workloads). It’s not built for redundancy. The Dell PowerEdge has hotswappable drive bays, a hardware RAID controller, dual CPU sockets, 8 RAM slots, dual built-in NICs, the iDrac interface, and redundant hot-swappable PSUs. It’s designed to be on all the time, reliably, and can be remotely managed.
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For a lot of people who are interested in this, a homelab is a path into a technology career. Working with enterprise hardware is better experience.
Consumer CPUs won’t perform server tasks like server CPUs. If you want to run a server, you want hardware that’s built for server workloads - stability, reliability, redundancy.
So I guess yes, it is like buying an old truck? Because you want to do work, not go fast.
Heck, there hasn’t been peace in the Middle East since the Bronze Age Collapse.