The Indian automotive market caters to diverse car buyers, each with unique preferences ranging from speed and convenience to safety and more. Notably, there’s a growing niche market in India that focuses on luxury cars. This trend is attributed to a passion for cars and a desire for status symbols. As perceptions shift, luxury car manufacturers are experiencing increased demand, with a surge in sales from brands like Rolls Royce, Porsche, Mercedes-Benz, and Lamborghini, capturing the attention of the younger Indian demographic.
Why Indians Opt For Exotic Cars
Traditionally, some considered expensive cars impractical, but this mindset is evolving as India’s affluent population seeks a superior driving experience. Luxury car brands now incorporate extravagance and advanced safety features, enhancing the overall ownership experience. This shift in consumer behaviour has resulted in the swift adoption of luxury vehicles.
India’s Top Luxury Cars
The allure of luxury cars lies in their exclusivity and the unparalleled sense of personal fulfilment they provide. Here’s a glance at the top 10 luxury vehicles in India:
- BMW M5
Priced at ₹1.54 crore, the BMW M5 seamlessly blends sportiness with business-saloon comfort. Its power, acceleration, handling, and lavish interiors contribute to its popularity.
- Mercedes E-Class
The Mercedes-Benz E-Class stands out with its regal design and advanced technology. With eight versions and five colour options, it is a top choice for those seeking style and sophistication.
- Audi Q7
The Audi Q7, available in Premium Plus and Technology versions, boasts a redesigned exterior, stylish interiors, and innovative features, making it a sophisticated delight.
- BMW X3
Sought after by enthusiasts, the BMW X3 offers cutting-edge performance and features that rejuvenate the driving experience.
- Mercedes-Benz B-Class
Known for reliability, the Mercedes-Benz B-Class is a spacious and comfortable choice for city commuters.
- Ford Mustang
With its distinctive features and attention-grabbing design, the Ford Mustang is ideal for those seeking attention on the road.
- Jaguar F-Pace
Combining premium interiors with a sporty exterior, the Jaguar F-Pace promises an exciting driving experience.
- 2020 Volvo XC90
The chic luxury SUV, the 2020 Volvo XC90, features driver-assistance features and an elegant design, balancing style and substance.
Four-Wheeler Insurance For Luxury Cars
Owning a luxury car comes with the responsibility of protecting it. As per the Motor Vehicles Act of 1988, it is mandatory to possess third-party car insurance. Luxury cars and high-value assets demand premium maintenance, making comprehensive car insurance necessary. Four-wheeler insurance protects against various situations, offering unique add-ons to fortify policies. You can use a car insurance premium calculator to estimate the prices of premiums to be paid. Claims are subject to terms and conditions set forth under the motor insurance policy. *
Purchasing a luxury vehicle is a dream for many, and safeguarding this prized possession with comprehensive car insurance is a responsible decision. With the convenience of buying car insurance online, car owners can confidently navigate the city, knowing they have a 360-degree layer of protection. As the Indian luxury car market thrives, car insurance becomes paramount in ensuring a worry-free and fulfilling driving experience.
*Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.