+1 on this.
What a man chooses to drive, where he chooses to live, and yes, what he chooses to wear on his wrists, would be a matter of decisions that are often not interlinked.
Every man chooses to spend his money in different ways. I do know of the below guys in real life:
a. Someone who owns a genuine Hublot Big Bang ceramic, but drives a toyota Camry
b. Someone who drives a 2013 Porsche Carrera S, but wears a Seiko
c. Someone who lives in an upmarket mansion, but wears no watch at all.
d. An unemployed bankrupt who still owns and discreetly wears his genuine Rolex explorer 2.
Yes, from a generic social perspective, a man stepping out of a Lamborghini with a a $30k watch strapped to his wrist makes the watch more believable than the gardener with a Patek Philippe. The world is generally a superficial place when it comes to perspectives. But often, the purchase decisions of an individual are mostly affected by individual choice and purchase power, lifestyles, and his intrinsic values about life, and may not conform to social perspectives at all.