And the interesting thing is that 90% of buyers for cars $200k+ don't even try them out before buying.
My favourite car buying statistic is the difference between Bentley and Bugatti owners;
On average people who buy a Bentley already own 8 cars.
On average people who buy a Bugatti already own 84 cars.
Some cars just aren't bought to be driven around. They're works of art and collector's toys; they're not cars as any normal person would consider them.
Jay Leno is well known in the car collecting hobby. He has some old car that has oil lamps for headlights iirc. I bet some of those go for as much as a jet. It's hard to get your head around but don't forget there are plenty of places where clean water on demand from a faucet is hard to get your head around too. It's all relative to your situation.
But, would the sort of person who owns a 1959 Ferrari want an "average yacht" ? I don't think so.
Yacht is a purpose classification, there are little boats in my local habour that a couple of old people drive out into the open water every weekend in the summer, and then there's something like Britannia, the ex-Royal Yacht that is a permanent floating museum in Edingburgh. Both are yachts because they are (or in Britannia's case were) for the pleasure use of the owners rather than being military, transport or for any commercial purpose.
So it's not difficult _at all_ to spend $100M on a yacht, whereas it's pretty tricky to do that for a car.
Worse, unlike cars as yachts grow more expensive a staff becomes at first a good idea and then essential - even if you barely use it you may be spending $1M plus per year on staff.
My favourite car buying statistic is the difference between Bentley and Bugatti owners;
On average people who buy a Bentley already own 8 cars.
On average people who buy a Bugatti already own 84 cars.
Some cars just aren't bought to be driven around. They're works of art and collector's toys; they're not cars as any normal person would consider them.
(https://www.businessinsider.com/this-is-the-shocking-differe...)