Lots of people buy luxury cars, driving up that figure, so it hardly matters when we are talking about marginal utility for someone, shall we say, disadvantaged. Which I’m guessing you’ve never been?
My annual cost of ownership on my car is like $2500. I can sleep in my car too, and store clothes and food securely in it. Oh and get on demand heat & A/C access.
If you don’t have much, having a car is a lot.