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In my case, it comes down to needing a book to read, and wanting to read a well-written book that I haven't read yet. It doesn't matter to me what year the book was printed in -- this year, this decade, this century -- only whether it's good or not. And when there are two books that are likely to both be good, I'm inclined to go with my cheapskate impulses and pick the cheaper of the two, which in the case of classics is free.
In other words, a book written in the 1800s that I haven't read before is just as "new" to me as one written three days ago. Just cheaper.
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