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Cars are a symbol of wealth and social status. That’s why people obsess over them, but they will rarely admit this to themselves.
For every dude that goes out and buys a Lambo to show off their wealth and status, there are 10,000 people wrenching and modifying their $2000 Honda or old truck. This viewpoint is honestly quite ridiculous and ignorant to me as I'm a huge car guy and see little appeal in some $300,000 supercar that the owner has done nothing with other than cutting a massive check at some snobby dealership.
Having nice things is a display of wealth and status, but which nice things a person chooses to have still depends on what they enjoy and how they want to express themselves. Even among car enthusiasts, which sort of car one is enthusiastic about varies a lot. I know a guy who has a luxury SUV which is extremely comfortable. I, on the other hand, had a car which could go around corners really fast. Whenever my passengers bounced around as the car went over a bump, I would tell them "I paid extra for that stiff suspension."