Cars and money

I’m researching a story and just came across this factoid:

In 2006 in Ireland, 736 Jaguars, 344 Porsches, 140 Lamborghinis, 52 Bentleys and 30 Ferraris were registered.

Isn’t that bizarre in a country with a population of less than four and a half million people. What a waste of cash. (Not that I wouldn’t say no to the right Ferrari, but I certainly wouldn’t pay for a new one, even if hypothetically I somehow managed to lay my hands on that much cash.)