Ripping CD Optimally

Hello,

I no longer listen to CD, but I have a substantial CD collection (few hundreds). I want to sell or give away those CDs. But before, I want to rip it so I can play in from Roon or other software.

I'm sure number of people did that in the last decade and l'm hoping I can benefit from some experience and lesson learned from this community. More specifically, I'm looking for advices on 3 aspects:

1) Audio Format

I want to keep the maximum AQ but I know digitalize a CD will not create quality, so I doubt DSD 1024 would make sense. What format/container would be the best to preserve the CD quality?

2) Ripping Software

There are many out there all of them claiming to be the top/no. 1. Does paying for one worth the price or a free / open source is equally good? I'm on macOS.

3) External CD (and DVD) reader

There are plenty on amazon on the 25-40$ (CAD) price range. Anyone have good, or bad experience to share with those? Any brand or model to consider or avoid?

Thanks in advance!

P.S. I hope this questions belong to this topic. If not kindly point me toward the right one.

Papyneau