It is different because although these items you mentioned also show that you are probably very wealthy, they are "everday" items. Everybody has a car (some people drive nice cars, some drive junk cars), everybody has clothes that are more or less expensive.
The problem I see with the shirts I mentioned is that they are "in your face". The visibility is just far greater than cars, because we are so used to them, even the fancy expensive ones.
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I'm not wealthy at all, I don't own a car and never have, nor an Armani suit or Rolex, I hate wearing a watch I find them uncomfortable anyway. But, I do live in a big city and see people with those types of status symbols everywhere.