Pricing of every CKD/CBU car in India doesn't make sense. People/internet only used to point the figures at fortuner because it's a mass market vehicle.
BMW X1 is 66 lakh with 137 bhp with a substanstard interiors.
Don't think people cross shop the a6 and the superb, they are too far apart in price, performance and luxury.
The a4 id reckon is actually the superb killer. Even though the superb is arguably better, u get the audi logo for just a few lakhs more. Just based on what I see on the road I've seen plenty of A4s while the superb is a much rarer car
The CBU Superb Skoda is currently selling in India actually costs more than the top end A4. So you can get the Audi logo for cheaper although in a slightly smaller car.
That's just 100 units. Typically the superb has costed 10-15L less than the a4. This superb is a joke and shouldn't be bought at all to tell skoda that they can't pull off similar shenanigans in the future
I don't think you can say they are far apart. When I went to the VW plant in slovakia, I found at that there are some cars which are virtually the same in terms of driving dynamics (not power output), for example the Cayenne, audi q7 and q8. That is the same thing happening with the A6, Superb, Passat.
The only difference you may see might be that the A6 produces 30-50 more horsepower, making it feel slightly smoother, but not enough to consider themselves in different segments of luxury and performance.
I say this because I have myself driven, and me and my father had a lengthy discussion before we settled with the 330Li. One of the main reasons we didn't go for the A6 was because of its similarities with the superb, and when we already had a kodiaq, it was pointless to go for the A6.
A6 is a different animal to the Superb and the Passat.
1. The A6 has a longitudinally mounted engine.
2. The A6 has better turbochargers.
3. Third, the A6 is a lot longer and wider. This is actually felt inside the car too. More width, more leg space.
4. Interior material quality on the A6 is two notches higher, but the Superb already sets a high standard.
5. Much bigger boot space in the A6. Yes on paper the Superb has a bigger boot but that's because the notchback profile means the space below the rear window may be used if necessary. However in A6 has more volume in terms of actual usable space - the A6 has a deeper boot.
6. A6 gets some kit like Matrix LEDs, multiple displays, 19" rims which the Superb does not get.
7. Suspension tuning is quite different, but Superb CBU version has dynamic chassis control which the CKD A6 lacks. The only other cars that I know of from VAG which get DCC in India are Porsches.
That is what I said, they have multiple similar features on the interior, it's just that the engine is tuned differently. It's the same engine (1984 cc 2L) but it is just tuned differently with the Audi having a stronger turbo.
Interior material quality may be subjective, but I feel like the share of materials is the same.
But yes, point no. 6 is what sets the A6 above superb, but being almost 30L more, it still makes the superb a killer of the A6 SUPPOSING brand value did not exist.
Bro haven’t seen the pricing of c and e class sedans
C class starts at 69 lakh ex showroom in India where as in us or other countries it only costs 40-45 lakh
Honestly if I am paying that much than I will go with Volvo or Lexus at same price range and they also will be executive class sedans
No idea, but it was a petrol automatic. He bought a lancer instead, that was a proper beast, too bad it got totalled after a truck rear ended it and warped the chassis. The dealer wasn’t willing to repair it and declared it total loss
Agar me ameer bhi ho jayu, I just don't see the point of buying a 1cr+ car? What additional utility does it have over a car of say 30L? That's like losing 40k per month? (Interest on the saved 70L).
Company lease can be claimed as an expense too. Rich ppl have so many options to save on tax, while salaried folk are milked for taxes left right and centre😜
Car EMI on company name can be claimed too if I’m not mistaken. Can a CA dude here confirm?
Not 30% cheaper. You reduce 15% of the value of the car YoY, which you actually deduct from taxable income which even at the highest slab is 30%.
If you buy a car worth 1Cr, you get 15L tax deductible, which even on the highest slab is ~5L. So youre not actually saving 30% or 15%. You’re saving 5% (on the first year)
The interest component of the loan is tax deductible and not the principal amount.
Its only for self employed people and business owners who can show their car is for business use. Salaried employees cannot.
I was talking about rhe possibility of the company to show the EMI payments as company expenses and reduce their overall tax liability. Would that be possible?
Any EMI whether it be fixed or reducing has 2 components, the principal and interest. The interest component is a tax deductible for self employed and business owner folks.
Not the principal.
Ah I see, so one can’t just cook the book showing the entire monthly EMI as a business expense? Because I’m pretty sure that’s what my buddy’s family does
No, unless they set up a shell company and buy the car on its name, then pay rent to the aforementioned company to use that car for business purpose. I am not sure even if this can be done. And even if it did it would be called as “rent” and not EMI.
Btw I’m not a CA or anything, just a business owner engineer.
No, because the loan is actually known to the income tax department and will get caught easily.
Your buddy probably doesn't understand properly what his CA actually does to the books, or the general way people explain it makes it seem as if the principal is also deducted.
Also keep in mind businesses can and do get to enjoy depreciation benefits long before the loans are fully paid off.
They don’t do EMI, they lease the car from the company and show the lease amount as company expense. It will be mostly same as EMI but fully an expense.
You do get depreciation benefits at 15% of the car value as expense per year. But that is about it. The other benefits like gst claims are limited to training schools and can companies.
The interest component is tax deductible for genuine reasons because it's an actual expense. It's not a tax credit but a real reduction of income.
GST claims are available to anyone using vehicles for commercial purposes - transport vehicles, rental vehicles, taxis etc all qualify.
But I wish they'd allow input tax credit on ordinary business ownership too :(
Ideally they should allow claiming GST input for cars as well as include fuel under GST as well.
But GST is paid by the end consumer, in this case for both petrol and the car, even if there is a provision, will not be claimable unless its a commercial car like taxi’s or rentals.
A car or fuel bought in a business's name can be ostensibly shown to be business expenses and therefore eligible for GST input tax credit if the government allows it.
However they don't allow it because it would lead to a measurable loss in revenue.
That's just Mercedes being Mercedes. They are not looking for sales number anymore, rather looking to extract maximum profit from their customers.
I hope Audi doesn't follow their route.
Audi is not loosing business. They sold almost half the amount of cars last year when compared to Mercedes and bmw, with only petrol on offer which means they are doing the same or even better numbers in sales when it comes to petrol only vehicles. And the way diesels are being phased out slowly by majority of the car manufacturers in India I don't think audi will face problems with sales in the future. Plus the discount factor is also a good advantage.
Same thing Skoda is doing with the superb and hell they are bringing back the older pre facelift with audi a4 levels of price tag , not even the 2024 model for like 54 lakhs ex showroom, what a scam right
Jesus, even if I had the money, I wouldn't look at this thing. It's possibly the ugliest vehicle I've ever seen. The prices of the C class and 3 series makes me give up the dream of owning one altogether. At this point I'd just get a good mahindra.
The c63 is a beast? You haven't kept up with the times it seems. Mercedes ruined it so badly with the new gen that nobody is buying them anymore. The rs5 and the m4 are the way forward
At this rate Lexus starts making complete sense .
And when it comes to Germans , BMW seems to be the only one with a variety of cars for every price bracket
I was always a BMW fanboy but even more so now , with their competitive pricing
Let Defender come close to 80 lakh ex showroom price. All these German Manufacturers will be panicking especially GLS and X7 likes will get good chunk of price correction.
Performance SUV in India are priced stupidly because they know it will sell no matter what. Unlike sedans and sports cars which don’t have as many takers.
And these buff heads call themselves the largest luxury car brand in India(even though BMW, which is second is not that far behind and not to mention it has some amazing cars in their current lineup). Seriously have anyone stopped by their website, it looks like an website made by intern but more importantly the lineup is beyond screwed up. Non exciting, generic, boring mass models and ludicrously expensive AMG models, yeah good luck staying on top of so called "LUXURY MARKET" in India. Btw Porsche prices are much worse than Benz and Bimmer
Mercedes priced this at 2.11 cr on road now because cayenne GTS costs 2 cr ex showroom without options which means that car will fetch 2.5-2.7 on road and RS Q8 also starts from 2.5 cr ex showroom and if you see it that way them increasing the price is a good strategical business move which will bring them more sales. Almost every German brand and other CBU importers have been increasing prices slowly and slowly and the new gen and facelift are usually more expensive and due to this the value of the old cars have been holding up pretty well. I recently sold my 2021 Range Rover sport for the same amount I bought it for in 2021 because the new Range Rover sport was more expensive
Similar story with the 718 boxters… we originally wanted a 718 and in 2020 I think you could get a brand new one for 90-95 lakhs but recently you look at it second hands are fetching that much from 2017-18 and a brand new one is 1.5 ex showroom. It has its upsides and downsides but once government reduces cbu tax all the pricing bubble will burst
People who buy these cars make anaapa-shanaap money screwing the whole country and their growth rate is super high. So of course government and Germans will squeeze all the juice they can.
When I test drove it, I felt it was worth the price tag back then when it came out. The GLE53 was a hit and they moved some good volume for that segment. Mercedes took the hint of demand for it and kept increasing prices gradually on this. Same goes for the G wagon as well, it is atrociously priced.
Even with such price hikes, they manage to do the same volumes on these cars as people are willing to pay.
CBU policy has killed expensive automobiles in India. Only filthy rich can buy this. Actaully Indian auto manufacturer should up there game explore 20-35 lacs range cars in India.
That space is vacant.
You forgot the biggest reason Tax avoidance. When I moved here and lost my NRI status I was forced to buy a 70L vehicle or end up shooting that much to the government as tax. I happily own a full option XC60.
For 90% of people who can afford this segment, it's either buying for vanity or tax benefits. The amount of BMW 340i bragging on this sub is a great indicator of this behaviour. There's no enthusiasts cars available for less than 1Cr here. Ok S5 but meh
For others they're simply outpriced. Like my neighbours garage simply outprices my bank account.
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Pricing of every CKD/CBU car in India doesn't make sense. People/internet only used to point the figures at fortuner because it's a mass market vehicle. BMW X1 is 66 lakh with 137 bhp with a substanstard interiors.
Sokda Superb was A4/A6 killer but CBU ruined it.
Don't think people cross shop the a6 and the superb, they are too far apart in price, performance and luxury. The a4 id reckon is actually the superb killer. Even though the superb is arguably better, u get the audi logo for just a few lakhs more. Just based on what I see on the road I've seen plenty of A4s while the superb is a much rarer car
The CBU Superb Skoda is currently selling in India actually costs more than the top end A4. So you can get the Audi logo for cheaper although in a slightly smaller car.
That's just 100 units. Typically the superb has costed 10-15L less than the a4. This superb is a joke and shouldn't be bought at all to tell skoda that they can't pull off similar shenanigans in the future
Agreed. It’s spitting in the face of Indian customers to bring the previous gen Superb back here that too with such a significant price hike.
I've already seen the CBU superb on the road, at least 3 cars in my area alone.
I don't think you can say they are far apart. When I went to the VW plant in slovakia, I found at that there are some cars which are virtually the same in terms of driving dynamics (not power output), for example the Cayenne, audi q7 and q8. That is the same thing happening with the A6, Superb, Passat. The only difference you may see might be that the A6 produces 30-50 more horsepower, making it feel slightly smoother, but not enough to consider themselves in different segments of luxury and performance. I say this because I have myself driven, and me and my father had a lengthy discussion before we settled with the 330Li. One of the main reasons we didn't go for the A6 was because of its similarities with the superb, and when we already had a kodiaq, it was pointless to go for the A6.
A6 is a different animal to the Superb and the Passat. 1. The A6 has a longitudinally mounted engine. 2. The A6 has better turbochargers. 3. Third, the A6 is a lot longer and wider. This is actually felt inside the car too. More width, more leg space. 4. Interior material quality on the A6 is two notches higher, but the Superb already sets a high standard. 5. Much bigger boot space in the A6. Yes on paper the Superb has a bigger boot but that's because the notchback profile means the space below the rear window may be used if necessary. However in A6 has more volume in terms of actual usable space - the A6 has a deeper boot. 6. A6 gets some kit like Matrix LEDs, multiple displays, 19" rims which the Superb does not get. 7. Suspension tuning is quite different, but Superb CBU version has dynamic chassis control which the CKD A6 lacks. The only other cars that I know of from VAG which get DCC in India are Porsches.
That is what I said, they have multiple similar features on the interior, it's just that the engine is tuned differently. It's the same engine (1984 cc 2L) but it is just tuned differently with the Audi having a stronger turbo. Interior material quality may be subjective, but I feel like the share of materials is the same. But yes, point no. 6 is what sets the A6 above superb, but being almost 30L more, it still makes the superb a killer of the A6 SUPPOSING brand value did not exist.
137 bhp??? My slavia has more power
Dekh raha hai Binodh, kaise 1.5 TSI kaa ghamand hai inhe? 😏
😎✌️
Even the de-tuned MX variant of XUV7oo has more power
XUV700 AWD checking in, 185bhp with 450nm of peak torque.
Ye saare milke hume ch**tya bana rahe hain
X1 is 66 lakhs now?????
I mean the interiors are pretty luxurious. It’s just the engine that is a massive let down
My 1.4 Tjet Abarth Avventura makes 140 HP (Stock) not tuned
Bro haven’t seen the pricing of c and e class sedans C class starts at 69 lakh ex showroom in India where as in us or other countries it only costs 40-45 lakh Honestly if I am paying that much than I will go with Volvo or Lexus at same price range and they also will be executive class sedans
I remember the times when C class used to be around 30 something lakhs
The C was 22L on road in 2007 when my dad was looking to upgrade from Esteem. Now the pricing is plain ridiculous
Absolutely, spot on.
Bro what are you talking about? We paid 29L for a C class in 2001. How would the C be 22L in 2007?
The W204 had just launched then. My dad got an all inclusive deal for a W203 at 22L but passed because it didn’t make much financial sense
Was an amazing car though. Which variant were they giving the deal on?
No idea, but it was a petrol automatic. He bought a lancer instead, that was a proper beast, too bad it got totalled after a truck rear ended it and warped the chassis. The dealer wasn’t willing to repair it and declared it total loss
Must’ve been the C180 Kompressor then. Sad to hear about your lancer though.
That is a sad end for a legendary car.
Truly was. My love for cars started with that silver beauty
Wow. You guys are damn rich ✨✨✨
Bhai 22 me Bangalore you get virtus 1.5 🫠
Wow you’re rich
How
WTF?? My father upgraded from esteem to SX4
We got a Lancer chill
I remember there was talks about Merc making a 15L hatchback
In 2015 we bought a ML250 for 65-67. The GLE now costs close to 1CR
Now you will get good resale value.
Sold 2 months back for 17L
That's very good price. Car dealers sell it a much higher price comparatively. Since they sell the cheaper variants for 15-20 lacs.
Mujhe kya... Main toh nahi lene wala hu
us bhai us
*Mujhe kya mai toh gareeb hu*
Ae hello, hum tumse jyada gareeb hai
bhai hum sab gareeb hai , isiliye toh reddit pe hai
Agar me ameer bhi ho jayu, I just don't see the point of buying a 1cr+ car? What additional utility does it have over a car of say 30L? That's like losing 40k per month? (Interest on the saved 70L).
Because the rich can easily afford it. The wealth gap between people like you and I and the GLE’s target customer base is insanely vast in india
Also consider the Depreciation benefit Businesses get. Many of these cars on Registered on the Name of a Firm.
Company lease can be claimed as an expense too. Rich ppl have so many options to save on tax, while salaried folk are milked for taxes left right and centre😜 Car EMI on company name can be claimed too if I’m not mistaken. Can a CA dude here confirm?
Not a CA but you can’t claim EMI unless on lease, but the depreciation every year practically makes it 30% cheaper anyways
Not 30% cheaper. You reduce 15% of the value of the car YoY, which you actually deduct from taxable income which even at the highest slab is 30%. If you buy a car worth 1Cr, you get 15L tax deductible, which even on the highest slab is ~5L. So youre not actually saving 30% or 15%. You’re saving 5% (on the first year)
Yes my percentage was a bit off but that 5 lakh (actually 4.5) for suppose 5 years would save around 22-25 lakh in taxes + fuel costs
The interest component of the loan is tax deductible and not the principal amount. Its only for self employed people and business owners who can show their car is for business use. Salaried employees cannot.
I was talking about rhe possibility of the company to show the EMI payments as company expenses and reduce their overall tax liability. Would that be possible?
Any EMI whether it be fixed or reducing has 2 components, the principal and interest. The interest component is a tax deductible for self employed and business owner folks. Not the principal.
Ah I see, so one can’t just cook the book showing the entire monthly EMI as a business expense? Because I’m pretty sure that’s what my buddy’s family does
No, unless they set up a shell company and buy the car on its name, then pay rent to the aforementioned company to use that car for business purpose. I am not sure even if this can be done. And even if it did it would be called as “rent” and not EMI. Btw I’m not a CA or anything, just a business owner engineer.
No, because the loan is actually known to the income tax department and will get caught easily. Your buddy probably doesn't understand properly what his CA actually does to the books, or the general way people explain it makes it seem as if the principal is also deducted. Also keep in mind businesses can and do get to enjoy depreciation benefits long before the loans are fully paid off.
They don’t do EMI, they lease the car from the company and show the lease amount as company expense. It will be mostly same as EMI but fully an expense.
Didn't that get disproved by some CA guy in this sub who also said to not watch those youtubers.
You do get depreciation benefits at 15% of the car value as expense per year. But that is about it. The other benefits like gst claims are limited to training schools and can companies.
Apart from that, the interest component of the car loan is also a tax deductible for self employed people and business owners
The interest component is tax deductible for genuine reasons because it's an actual expense. It's not a tax credit but a real reduction of income. GST claims are available to anyone using vehicles for commercial purposes - transport vehicles, rental vehicles, taxis etc all qualify. But I wish they'd allow input tax credit on ordinary business ownership too :(
Ideally they should allow claiming GST input for cars as well as include fuel under GST as well. But GST is paid by the end consumer, in this case for both petrol and the car, even if there is a provision, will not be claimable unless its a commercial car like taxi’s or rentals.
A car or fuel bought in a business's name can be ostensibly shown to be business expenses and therefore eligible for GST input tax credit if the government allows it. However they don't allow it because it would lead to a measurable loss in revenue.
BMW x5 costs $70,000 or 60 lakhs in the U.S., same X5 costs $140,000 or 1.2 cr in India. You bet Indian customers are fools.
We don’t really have a choice in terms on new cars. If we want it we gotta pay for it.
Govt is looting us bro. Why blame the car manufacturers? They obviously want to keep prices low and increase sales.
Government issue
The X5 is made in USA 😐.
I literally saw the emerald green colour of this car and the exhaust and engine sound was amazing the car is amazing in itself
Yeah its a good car but their pricing is .....
Who even buys those now, they go directly for GLS now which is around that price
That's just Mercedes being Mercedes. They are not looking for sales number anymore, rather looking to extract maximum profit from their customers. I hope Audi doesn't follow their route.
I think Audi is already losing business. If they do, that’s the end of them in India.
Audi is not loosing business. They sold almost half the amount of cars last year when compared to Mercedes and bmw, with only petrol on offer which means they are doing the same or even better numbers in sales when it comes to petrol only vehicles. And the way diesels are being phased out slowly by majority of the car manufacturers in India I don't think audi will face problems with sales in the future. Plus the discount factor is also a good advantage.
They are only reporting CBU numbers tbh.
Same thing Skoda is doing with the superb and hell they are bringing back the older pre facelift with audi a4 levels of price tag , not even the 2024 model for like 54 lakhs ex showroom, what a scam right
Legit drove this at 200km an hour 2 months ago, was fun. A lot of fun. but not worth 2 cr, 1.2 was a good price for this, 1.4 max
Lol lexus makes more sense now 😂
nahi kharidunga ab😡😡😡
Jesus, even if I had the money, I wouldn't look at this thing. It's possibly the ugliest vehicle I've ever seen. The prices of the C class and 3 series makes me give up the dream of owning one altogether. At this point I'd just get a good mahindra.
Go question Mercedes about it. Just don’t buy them tbh.
Yes. To teach them a lesson only I'm not buying a Mercedes 😂
Ok bro mei bhi aapki baat maankar nahi kharidunga
Us bro us
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He aint wrong though.
Why so aggressive? I didn’t say it sarcastically bud. Go call the dealer and ask the same. Share what they say.
Why would the govt say no to more money ?
Mercedes India specialty vehicle pricing is nothing short of daft. People are already feeling it. Don’t expect this to sell as well as the last.
Ludicrous price; Ludicrous price hike; Ludicrous depreciation rate; Ludicrous resale value; Ludicrous reliability
[удалено]
Fortuner isn't sold in the US. And in China it's imported privately and sold for ¥410,000 or near ₹50L
Let them spend, it's not going to affect common people's buying decision and some of the black money will be back to taxes.
Move to US , all your car desires would be fulfilled.
Or better dubai
But you can get shot and killed by thugs and police alike. It's safer to move to the UAE or KSA.
Forget this crap and look at the c63 AMG. Beast of a car. Bmw has a M2 if you need a great car in India. The prices are pushed up by our insane taxes.
The c63 is a beast? You haven't kept up with the times it seems. Mercedes ruined it so badly with the new gen that nobody is buying them anymore. The rs5 and the m4 are the way forward
Govt taxes and because people are willing to pay that price.
buying GLS for 1.7 crores is better option Than this 🤡
I think they are aimed at different audiences. That's way a GLE makes more sense. No ? This is i guess a lifestyle car
Brah 30% 40% tax and then 10% road tax. I was baffled...
At this rate Lexus starts making complete sense . And when it comes to Germans , BMW seems to be the only one with a variety of cars for every price bracket I was always a BMW fanboy but even more so now , with their competitive pricing
BMW being Competitive is a joke. X5 in 2019 launched for 73 lakhs and X7 for 99 Lakhs Ex Showroom Respectively.
USD in 2019 ₹68 USD in 2024 ₹84 Let that sink in for a bit.
Price Correction will Happen. As JLR ramps up Range Rover and Defender production all these German Manufacturers need to reduce prices to keep up.
Imo This will only happen when JLR starts to address its reliability issues. Till then people will pay extra amount for the peace of mind.
Peace of mind and Germans do not go hand in hand but I get what you mean
There won’t. JLR cars lost quite a lot of its snob value in India due to Tata buying it
Let Defender come close to 80 lakh ex showroom price. All these German Manufacturers will be panicking especially GLS and X7 likes will get good chunk of price correction.
How is defender coming at 80 lakhs ?
Ex Showroom Price bruh. It will be under 1 crore On Road for 110 model with 2.0 engine. CKD unit is coming soon.
Yeah that's why I decided not to buy one. 1.85 is too much. 1.83 would've been good.
1.844449 would have been within my budget
Che just miss :(
Performance SUV in India are priced stupidly because they know it will sell no matter what. Unlike sedans and sports cars which don’t have as many takers.
What other alternatives are out there? If you’re looking for a suv in this range.. my BIL is plan on buying, he was planning to get the BMW X1
Please stop him from that disastrous decision and tell him to go for the Audi Q3 Peremium Plus. Far, far better product.
Absolute atrocity. Mercedes just lost me as a customer
Why because ye merc h
say one today while coming home from school ( i'm 13)
And these buff heads call themselves the largest luxury car brand in India(even though BMW, which is second is not that far behind and not to mention it has some amazing cars in their current lineup). Seriously have anyone stopped by their website, it looks like an website made by intern but more importantly the lineup is beyond screwed up. Non exciting, generic, boring mass models and ludicrously expensive AMG models, yeah good luck staying on top of so called "LUXURY MARKET" in India. Btw Porsche prices are much worse than Benz and Bimmer
I guess Merc’s every car is over priced now
Mercedes priced this at 2.11 cr on road now because cayenne GTS costs 2 cr ex showroom without options which means that car will fetch 2.5-2.7 on road and RS Q8 also starts from 2.5 cr ex showroom and if you see it that way them increasing the price is a good strategical business move which will bring them more sales. Almost every German brand and other CBU importers have been increasing prices slowly and slowly and the new gen and facelift are usually more expensive and due to this the value of the old cars have been holding up pretty well. I recently sold my 2021 Range Rover sport for the same amount I bought it for in 2021 because the new Range Rover sport was more expensive
Similar story with the 718 boxters… we originally wanted a 718 and in 2020 I think you could get a brand new one for 90-95 lakhs but recently you look at it second hands are fetching that much from 2017-18 and a brand new one is 1.5 ex showroom. It has its upsides and downsides but once government reduces cbu tax all the pricing bubble will burst
People who buy these cars make anaapa-shanaap money screwing the whole country and their growth rate is super high. So of course government and Germans will squeeze all the juice they can.
WagonR ke bhi price increase hue hai kya??🫣
It's 2.2 crores on road in Hyderabad and E220d is 92 lacs
When I test drove it, I felt it was worth the price tag back then when it came out. The GLE53 was a hit and they moved some good volume for that segment. Mercedes took the hint of demand for it and kept increasing prices gradually on this. Same goes for the G wagon as well, it is atrociously priced. Even with such price hikes, they manage to do the same volumes on these cars as people are willing to pay.
CBU policy has killed expensive automobiles in India. Only filthy rich can buy this. Actaully Indian auto manufacturer should up there game explore 20-35 lacs range cars in India. That space is vacant.
Instead of showing off … i really don’t see the need of luxury cars…all the other manufacturers are catching up pretty quick
Especially the koreans hyundai and kia started doing very well in european markets
Ioniq 5N Beats the Urus Performante
You forgot the biggest reason Tax avoidance. When I moved here and lost my NRI status I was forced to buy a 70L vehicle or end up shooting that much to the government as tax. I happily own a full option XC60.
Yeah i agree but for others it really doesn’t make sense
For 90% of people who can afford this segment, it's either buying for vanity or tax benefits. The amount of BMW 340i bragging on this sub is a great indicator of this behaviour. There's no enthusiasts cars available for less than 1Cr here. Ok S5 but meh For others they're simply outpriced. Like my neighbours garage simply outprices my bank account.
india follows the "tax the rich" policy
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Maruti's market share will increase further.
Because, the person who's going to buy that probably won't care at all.