The growing rich class in the country has brought smiles on the faces of luxury auto makers. Here is a glance at the Top 10 Luxury Cars present in India today that are still within the reach of a professional.
Top 10 Luxury Cars in India
More than 5,000 luxury cars were sold in 2006, up from 3,000 cars in 2005 and just 1,000 in 2004. Over 80,000 millionaires in metros and mini-metros have fuelled increasing demand for these vehicles priced at Rs 20 Lakh and above. Car loans have also come up with competitive equated monthly installments (EMIs) to attract the common individual with big dreams. Top of the line marques like Mercedes-Benz, BMW, and Audi are now available at an EMI very close to those of premium cars like Honda Accord, Toyota Corolla, and Hyundai Sonata. In the volume car market, 75% of all sales are financed, while 60% of luxury cars are financed. Here is a look at the Top 10 Luxury Cars any successful professional can afford.
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Toyota Camry
Aggressively styled with a cool interior and a sweeter, more responsive engine, the new Camry is infinitely more exciting than the outgoing model. However, the rear seats are not as comfy as before and it is more expensive too. It carries the Toyota mark all over it. It is available in manual and automatic transmissions and has a 2.4-litre engine generating an impressive 167 bhp. The Automatic variant is equipped with an all-new five-speed transmission system with ECT (Electronically Controlled Transmission). Estimated fuel economy is 8/11 km/l (city/highway). Toyota has used HID (High Intensity Discharge) lamps with auto-leveling feature for the Camry's headlamps to help improve straight-line visibility, thereby enhancing safety standards. A retractable headlamp cleaner gives the driver the option of cleaning the headlamps at the push of a button from the luxurious confines of the cabin, ensuring clear visibility even in bad weather. Price starts from a little over Rs. 21 Lakh (ex-showroom Delhi).