I'm curious what the breakdown is. I definitely know people who buy nice cars just for the status aspect. My neighbor bought a Porsche recently and I was talkin

I'm curious what the breakdown is. I definitely know people who buy nice cars just for the status aspect. My neighbor bought a Porsche recently and I was talking to them about which fun roads they've driven in around here (I bike and ride motorcycles so I've been on a lot of fun backroads) and they said they've only tried one road once. I ended up asking them what they do with their Porsche and apparently it's mostly going to car meetups and saying that they have a Porsche and feeling good about owning a Porsche. So yeah as a former Miata owner I know that expensive cars tend to just be more fun to drive but if you live in an HCOL area with people who are highly leveraged, you'll find a lot of people who buy nice cars only for status signaling. I suspect in HCOL areas more do it for status than the actual love of driving. (FWIW I find this in a lot of hobbies. I can ride a loaner bike faster than a lot of riders around here decked out in fancy kit, clips, and the best groupsets. A lot of people in HCOL areas engage in hobbies as an excuse to nurse a shopping and status addiction.) Which goes back to the root comment that a lot of tech people highly leverage their life because it enables them to have a lifestyle and status that they think they need or deserve.