Which is the No 1 costly car in India?

1. Rolls-Royce Phantom (Starting at Rs 9.5 Crore) – It is one of the most expensive cars being sold in India. Though the initial prices for the car start at Rs 9.5 Crore for the standard and Rs 11.35 Crore for the extended- wheelbase variant.

Is owning a car worth it in India?

Never. We find it difficult to even imagine. Because availing loans at high interest rates, to buy luxury items & depreciating assets, is never advisable. Similarly, in the case of car as well, the idea should be to buy it for emotional reasons within our budget limitations, but without loan.

Is buying car in India worth it?

Yes it is, if you’re considering economy as the major factor. Take for example, the new swift(1.2L engine) starts at 5 Lakhs only. The car has got a good mileage(about 23kmpl) and better features at such good price. Simply, it’s the best value for money car.

Is it worth buying an electric car in India?

Is it worth buying an electric car in India? If you are looking for an electric car for your short daily commutes, then an EV is worth the money as it will reduce your commute costs in the long run. The maintenance cost of an electric car is also less when compared to a conventional car.

Why are cars more expensive in India than in the US?

Which is why the cars are relatively expensive in India than the US. One more reason for the high price of cars is available via completely built-up unit (CBU) route. Which means that it will be imported in India from the Flat Rock assembly plant in the US. This will attract some high custom duties.

Do Indian drivers regret buying more powerful cars?

Indeed in India, one in two drivers who believe they own a more powerful car say they regret nor purchasing a more fuel efficient model. Indeed India’s tally of those who regret buying a powerful engine car is the highest at 52\% followed by 43\% in Thailand and 42.30\% in Vietnam.

What do Indian car buyers want from a car?

According to a recent global survey by Ford, 6 out of 10 car buyers in India want a fuel efficient vehicle and 72\% are looking to save money. Indian customers are seriously worried about fluctuating fuel prices and a good 60\% don’t expect fuel price stability in the next 12 months.

Why do more Indians buy SUVs during monsoons?

The SUV market in India grew 21 percent last year, while the overall passenger car market grew only 8 percent. When it rains, that’s when more car buying decisions get swayed towards SUVs, especially in cities like Mumbai, where waterlogged roads are a common occurrence during the monsoon.