Using someone car ownership as a gauge of possible wealth can be incredibly misleading. Plenty of people go into dealerships and walk out with a wonderful car and debilitating monthly payments.
I also saw a statistic that something like 45% of Americans couldn't immediately come up with $1000 for an emergency the same day. Just in case we need a benchmark measure of relative wealth and prosperity between the typical six figure FAANG employee and people working jobs that pay a great deal less.