I do have to side with .blank on this. And this is from a personal experience level. Just like cars are not a measuring tool for women, they are not a measuring tool for success. I was literally raised in an environment such as this. Later, QD.
There is a positive correlation between the value of cars and people's level of income. The instances you have listed above are outliers. While there are people like Warren Buffet, there are even more (a lot more) people like P daddy or Trump who drive Ferraris - positive correlation. You are being inductive
In this sense, I see silversol's point. It is completely valid. Is it not?
I believe there is a correlation between IQ and Income level as well. But I am sure how strong that correlation is. I could see this both ways. Naturally, one would think a smarter should make more money due to better jobs or smarter investments. On the other hand, there are people who are intelligent, but don't apply themselves or are satisfied with less or etc.
That still shows nothing. There are probably thousands upon thousands of people who can afford high end cars (Ferrari as your example) that choose not to. Why? Maybe they are a practical people. Maybe they have that kind of money because they DON'T spend it on frivolous items. They choose a Toyota Camry because they aren't about being showy. Later, QD.
I think value is subjective,
If you're talking strictly numerical price, then I'm sure those with bank obviously are more able to have cars which require more bank.
But which car would be more valuable TO YOU?
A brand new Nissan GTR with all of the fixins <$100k
Or a one of a kind, built it yourself in stages, similarly performing car (it's a stretch, but let's say you have 50k in the build including the car)
Which car has a higher value? - There's more than just numbers, sir
Yes, it is subjective. And yes, I am strictly referring to numeric value because it is relevant to this discussion. We are not discussing what do you value more, numeric value or the value you have stated above, what a car is worth to YOU. The discussion is whether a persons car can be an indicator of his/her wealth. I am think it is valid to say it can be.
Didn't really read the thread before jumping in, but why care about sizing up others?
An expensive car isn't an indicator of wealth, it CAN be an indicator of wealth.Originally Posted by isa2o3
Tons of rich ppl who live super-modestly vs outliers in badass cars (borrowed, rented, gifted, stupidly financed, rich parents.. the list goes on)
I think it's an arguably weak indicator of wealth, but without a doubt unreliable indicator of wealth.
But at the end of the day, he did mention someone pulling up to a job interview in a clunker. Will this/should this be an indicator of this person's competency? Ideally- no, realistically probably will be used in judgement- given the person can't show real value on their own.