Owning and driving a vehicle considered to be a status symbol

In Goa, the vehicle density is one of the highest in india, because owning and driving a vehicle is considered to be a status symbol. In some larger metro cities, like Mumbai, most people do not own a vehicle, as the public transport system is fairly efficient, and real estate rates are fairly high, making parking a vehicle difficult,
However the obsession with vehicles leads to many problems like traffic jams and lack of parking space. Many people are parking their vehicle in the open, on the main road at night without any kind of security. This can be very risky, as anyone can damage the car, lamps, body, steal the fuel.
Most of the cars are fairly expensive costing Rs 3 lakh or more, and if a person has many enemies, if the car is parked in the open, it can be easily damaged,causing large losses