With easy access to auto finance, it is not surprising to see an increase in the number of Indian consumers who purchase luxury cars from world famous automakers like Audi, Mercedes-Benz, Land Rover, BMW, Rolls Royce, and Jaguar. Just comfort alone does not define a luxury car. Dynamic performance, top speed, advanced features, and phenomenal designs are what makes a luxury car attractive to consumers, especially the car enthusiasts. The price of a luxury car depends on the customisation demands of a consumer.
Here is a list of the best luxury cars available on the Indian car market:
The Porsche Panamera comes with an asking price ranging between Rs.2.41 crore and Rs.2.56 crore (ex-showroom Delhi). The car has been designed in such a way that it is functional and at the same time boasts the signature design of a Porsche vehicle. The Porsche Panamera is available in more than 15 colours, with a lot of metallic colour options to choose from.
|Porsche Panamera Specifications|
|Top Speed||264 km/h|
|Acceleration from 0 to 100 km/h||5.7 seconds|
|Maximum Torque||450 Nm|
|Fuel Consumption||7.5 - 7.6 l/100 km|
|Maximum Load||575 kg|
|Trunk Capacity||500 litre|
|Fuel Tank||75 litre|
The Maserati Quattroporte has a price ranging between Rs.1.7 crore and Rs.2.42 crore (ex-showroom Delhi). The price of the car will be based on the variant chosen. The model comes in two variants - GranSport and GranLusso. The GranSport is ideal for people looking for a more sporty look in their vehicle. The GranLusso on the other hand focuses mainly on luxury. The Italian car model has more than 10 colour options to choose from.
|Maserati Quattroporte Specifications|
|Maximum power||202 kW|
|Engine speed at maximum power||4,000 rpm|
|Maximum speed||252 km/h|
|Acceleration from 0 to 100 km/h||6.4 seconds|
|Fuel consumption||6.2 l/100km|
|Peak torque||600 Nm|
|Engine speed at peak torque||2,000 - 2,600 rpm|
|Transmission||Automatic 8 gears|
The Land Rover Range Rover Evoque has a starting price of Rs.52.7 lakh and can go up to Rs.80.18 lakh (ex-showroom Delhi). Despite the increased emphasis on style in this vehicle, Land Rover has managed to incorporate all their classic characteristics in the vehicle. The car comes with close to 15 colour options to choose from.
|Land Rover Range Rover Evoque Specifications|
|Vogue||Vogue SE||Vogue||Vogue||Vogue SE||Vogue SE||Vogue||Vogue SE|
|Maximum power(kW at r/min)||190 at 3,750||250 at 3,500||250 at 6,500||190 at 3,750||250 at 3,500||250 at 6,500|
|Engine capacity||2,993 cc||4,367 cc||2,995 cc||2,993 cc||4,367 cc||2,995 cc|
|Maximum torque (Nm at r/min)||600 at 1,750 - 2,250||740 at 1,750 - 2,250||450 at 3,500 - 5,000||600 at 1,750 - 2,250||740 at 1,750 - 2,250||450 at 3,500 - 5,000|
The price of the BMW 7-Series starts at Rs.1.42 crores and can go up to Rs.2.79 crore (ex-showroom Delhi). The 7-series focuses on delivering superior comfort and luxury. While delivering unmatched comfort and luxury is the main aim of the vehicle, the carmaker has also made sure that this model has all the traits a BMW manufactured vehicle generally has. There are more than 20 colour options available to choose from.
|BMW 7-Series Specifications|
|Acceleration from 0 to 100 km/h||6.2 seconds|
|Maximum output (kW at r/min)||195 at 4,000|
|Maximum torque (Nm at r/min)||620 at 1,500 - 2,500|
|Fuel economy||16.77 km/l|
|Transmission||8-Speed Steptronic Sport Automatic Transmission|
The Jaguar XJ L is priced approximately between Rs.1.16 crore to Rs.2.26 crore (ex-showroom Delhi). The XJ L is Jaguar’s flagship sedan and has been receiving constant upgrades ever since its launch. There are 6 colour options to choose from for this car.
|Jaguar XJ L Specifications|
|Maximum power (kW at r/min)||225 at 4,000|
|Maximum torque (kW at r/min)||689 at 1,800|
|Top speed||250 km/h|
|Acceleration from 0 to 100 km/h||6.2 seconds|
|Number of seats||5|
Porsche Cayenne is priced approximately between Rs.1.23 crore and Rs.2.02 crore. The Cayenne is one of the more sporty looking luxury cars available in the market. Four versions of the car are available in India - the Cayenne Turbo, Cayenne Diesel, Cayenne S, and Cayenne S Diesel. More than 15 colour options are available to choose from.
|Porsche Cayenne Specifications|
|Fuel consumption combined||9.2 litre / 100 km|
|Acceleration from 0 to 100 km/h||6.2 second|
|Top speed||245 km/h|
The Audi A8 L is priced approximately between Rs.1.38 crore and Rs.1.71 crore (ex-showroom Delhi). The A8 L is a premium luxury car that comes with an elegant design and lightweight construction. Changes have been made to the model to make it more efficient and effective. More than 15 different colour options are available to choose from.
|Audi A8 L Specifications|
|Maximum power (bhp at rpm)||247 at 4,000|
|Maximum torque (Nm at rpm)||580 at 1,750|
|Engine||V6 diesel engine with turbocharging and common rail injection system|
|Fuel tank capacity||82 litres|
|Fuel efficiency||16.77 km/l|
If you have a good credit score and a steady income, you can apply for a new or used car loan offered by banks, Non-Banking Financial Companies, and other lending institutions. Choose your dream car from a dealership, then go online to check your car loan eligibility. Car loan applicants must be 21 to 65 years of age and meet the minimum income requirements set by a bank. Then, compare various car loan offers on a reliable third-party website and choose one with the lowest interest rate, flexible tenure, and zero processing fee.
Applying for a car loan has been made easy through the bank website. All you have to do is download the application form from the bank website. Then, submit the duly-filled and signed form along with the necessary documents such as identity, age, income, and address proofs at the nearest bank branch. The bank will verify your documents and process your application. Upon approval, the loan amount will be disbursed to your bank account within 24-48 hours.
Car loan can be repaid in Equated Monthly Installments (EMIs). You can use the free, online car loan EMI calculator available on the bank website or a third-party website to find out how much your car loan will cost you each month. A short loan tenure means higher EMI payments and a long tenure means smaller EMI payments. However, depending on your repayment capacity, choose a suitable car loan tenure that doesn’t increase your overall interest payment.