If someone drives a new ford explorer does it mean they are rich?

The ford explorer starts at $36k. That is alot of money.

That's pretty cheap, considering what Ford charges for their vehicle packages. But nobody really purchases vehicles outright. They tend to lease them for a few years before trading them in for another lease. Smarter people purchase a pre-owned vehicle that's only a few years old for about 50% to 60% of the brand-new price.

They lease it…

Most new cars are on finance driving the latest model car has kept some of my friends poor for the last 25 years they still rent the place they live in. I drove the same car I brought at 8 years old for 15 years and brought a house.

Never count wealth by the vehicle someone drives

No. It just means they are in debt.

Many people that drive brand new vehicles either finance or lease the vehicle. Very few people walk into a dealership and buy a brand new vehicle outright.

Some people drink $2,000 bottles of wine for lunch.
Some people live on the street.

For MOST people, it just means they have relatively good credit.

Actually, the *average* cost of new cars these days is just under $36K.