The car comparison analogy is both useful and wrong. For hypercars there is a measurable difference between the 911 Turbo and the Lexus ES based on track performance, 0-60 mph, 0-100 kph, top speed, etc.
Many high-end audiophiles are averse to measurements of their gear in terms of SINAD, IMD, identification of actual value of cables, etc. They insist their "car" is performant because it costs a great deal and has a pretty case.
The truth in modern audio equipment is that measurements show that very cost-effective DACs and amps and speakers perform extremely well. This shows the flaws of the high-end car analogy. Until audiophiles start taking measurements seriously they will be victims of marketing in a way that no car aficionado would ever do!