Yes, trust me there are quite a few people driving around in nice cars that are in some kind of debt or another. First off, a lot of people who have or are earning good amounts of money finance their cars, so that’s debt right there, but here’s a better example... I myself currently have a considerable business loan that I took out at the start of this year to start working on two new projects under a new company that I formed, even though I’m currently driving round in a £60k Jaguar F Type R.
This was because, after selling my previous business and buying a new property and the car, I was left short in terms of what I worked out I needed to get my current ventures off the ground next year. It was inevitable that I would need a loan, and although it’s easily manageable, I’m currently in what a lot of people would consider to be a load of debt.
You can never be sure of some people’s financial situations. There are some guys out there driving Ferraris and Lamborghinis who are in millions of pounds worth of debt.