Archive for the ‘Automotive’ Category
Marc Lindsay asked:
There are alot of things you need to know about car auctions if you plan on using one. They are fairly easy to use but there are a few traps for new players. Some people don’t know about the fees involved in car auction there are fees for both sides of they sale in most cases. The buyer will have to pay a fee, which is usually a percentage of the sale price and the buy most of the time will have to pay the same kind of thing. These fee are not usably too high but you will need to take them into account when you car bidding on a particular car.
When you are choosing a car auction it is often best to try and find one that will suit your needs. There are many different types of car auction some specialize in particular types of cars. There are car auctions that will sell nothing but used car some will sell nothing but second hand cars but most will sell a combination of both. If you are in the market for a second hand car then you are best to find and auction that will have more of that type of car. Some car auctions get very detailed in what types of cars they sell some will sell ex-government car and repossessed cars. The best thing you can do is finding out exactly what you want and then find a car auction that does nothing but that.
When you have decided on what it is your looking for all you need know is to find it. There are allot of lace you can look for a car auction some car auction will advertise in the mainstream media but most will only advertise in thing like car sale magazines and things of that type. In some areas car auctions are held on a very regular bases and are held at the same place a the same time. But some will move around from town to town and others will only hold them when there is enough stock to sell. Before you attend your first car auction you should first try any old place just to get a feel of how it all works and you will learn what to expect.
You will not be to surprise because most of them are pretty straightforward but there are some that get very intense and are often used by professional car buyers. That is when you will need to know you stuff to compete with the pros.
There are alot of things you need to know about car auctions if you plan on using one. They are fairly easy to use but there are a few traps for new players. Some people don’t know about the fees involved in car auction there are fees for both sides of they sale in most cases. The buyer will have to pay a fee, which is usually a percentage of the sale price and the buy most of the time will have to pay the same kind of thing. These fee are not usably too high but you will need to take them into account when you car bidding on a particular car.
When you are choosing a car auction it is often best to try and find one that will suit your needs. There are many different types of car auction some specialize in particular types of cars. There are car auctions that will sell nothing but used car some will sell nothing but second hand cars but most will sell a combination of both. If you are in the market for a second hand car then you are best to find and auction that will have more of that type of car. Some car auctions get very detailed in what types of cars they sell some will sell ex-government car and repossessed cars. The best thing you can do is finding out exactly what you want and then find a car auction that does nothing but that.
When you have decided on what it is your looking for all you need know is to find it. There are allot of lace you can look for a car auction some car auction will advertise in the mainstream media but most will only advertise in thing like car sale magazines and things of that type. In some areas car auctions are held on a very regular bases and are held at the same place a the same time. But some will move around from town to town and others will only hold them when there is enough stock to sell. Before you attend your first car auction you should first try any old place just to get a feel of how it all works and you will learn what to expect.
You will not be to surprise because most of them are pretty straightforward but there are some that get very intense and are often used by professional car buyers. That is when you will need to know you stuff to compete with the pros.
Thomas Champeval asked:
A used Oldsmobile Bravada is a SUV (Sport Utility Vehicle) that also seems to have elements of a sedan. The Bravada comes complete with the “OnStar.” system and when you climb into the driver’s seat and close the door; it certainly gives a feeling of protection from the outside world
What you can expect from a used Bravada SUV is a big, spacious pre-owned vehicle with good height in relation to the seats. If you’re looking to buy a used SUV with something extra, then give the Oldsmobile Bravada a test drive. You will be surprised to discover that it handles very softly owing to the suspension of a lighter-style more normal in a used car rather than an SUV. You will hardly feel the road surface when driving the Bravada and that it sticks to the road like glue and even with a very strong wind blowing it remains stable and aero-dynamic.
A used Bravada comes equipped with leather seats, the control panel instruments and controls are well accommodated. Buttons for radio /CD-changer with a capacity of 6 CD’s, controls and management have been added to the steering wheel, so that you do not have to let go of the steering wheel to make adjustments.
All four wheels are helped with disc brakes and an ‘anti-lock’ system, always a great added extra to consider when buying a used vehicle. The keys are remote control and work very well, making it easy enter to the quality used vehicle and secure it.
There is that used SUV feeling of being above the traffic, but only slightly, it does not almost give you vertigo like some SUV’s do, that is to do with the used car like SUV characteristics. Any passengers in the back seat will be comfortable throughout a journey with lots of available leg room. There is plenty of room for luggage in the rear of the used Bravada; and with a towing package, you can pull up to 5000 pounds.
The most common engine type found at used auto dealers will be the V-6, 4.3L providing 190 horsepower and 250 pounds of torque, the transmission will be a 4-speed electronic automatic with steering wheel and hydraulic power. What more could you ask when you buy a used auto that is mostly SUV but part used car.
The Bravada was first sold in Canada in 1992 and since then it has become a highly desirable used vehicle right across the country and across all kinds of used auto buyers. Its use of the remarkably successful Atlas engines has helped to propel this used vehicle to a higher level of popularity than just about all its rivals.
Rear wheel drive is another factor that appeals to many used vehicle purchasers across the nation. There are even used custom vehicle models available that have embroidered seats and the exterior spots vintage looking company badges and one off chrome wheel sets. This is a used car well worth enquiring about at you local used auto dealership.
A used Oldsmobile Bravada is a SUV (Sport Utility Vehicle) that also seems to have elements of a sedan. The Bravada comes complete with the “OnStar.” system and when you climb into the driver’s seat and close the door; it certainly gives a feeling of protection from the outside world
What you can expect from a used Bravada SUV is a big, spacious pre-owned vehicle with good height in relation to the seats. If you’re looking to buy a used SUV with something extra, then give the Oldsmobile Bravada a test drive. You will be surprised to discover that it handles very softly owing to the suspension of a lighter-style more normal in a used car rather than an SUV. You will hardly feel the road surface when driving the Bravada and that it sticks to the road like glue and even with a very strong wind blowing it remains stable and aero-dynamic.
A used Bravada comes equipped with leather seats, the control panel instruments and controls are well accommodated. Buttons for radio /CD-changer with a capacity of 6 CD’s, controls and management have been added to the steering wheel, so that you do not have to let go of the steering wheel to make adjustments.
All four wheels are helped with disc brakes and an ‘anti-lock’ system, always a great added extra to consider when buying a used vehicle. The keys are remote control and work very well, making it easy enter to the quality used vehicle and secure it.
There is that used SUV feeling of being above the traffic, but only slightly, it does not almost give you vertigo like some SUV’s do, that is to do with the used car like SUV characteristics. Any passengers in the back seat will be comfortable throughout a journey with lots of available leg room. There is plenty of room for luggage in the rear of the used Bravada; and with a towing package, you can pull up to 5000 pounds.
The most common engine type found at used auto dealers will be the V-6, 4.3L providing 190 horsepower and 250 pounds of torque, the transmission will be a 4-speed electronic automatic with steering wheel and hydraulic power. What more could you ask when you buy a used auto that is mostly SUV but part used car.
The Bravada was first sold in Canada in 1992 and since then it has become a highly desirable used vehicle right across the country and across all kinds of used auto buyers. Its use of the remarkably successful Atlas engines has helped to propel this used vehicle to a higher level of popularity than just about all its rivals.
Rear wheel drive is another factor that appeals to many used vehicle purchasers across the nation. There are even used custom vehicle models available that have embroidered seats and the exterior spots vintage looking company badges and one off chrome wheel sets. This is a used car well worth enquiring about at you local used auto dealership.
Thomas Champeval asked:
A used Chevrolet Tracker combines a smaller SUV and the power of a V6 engine that is well trusted. There are several used four-door models available at used car dealerships that offer the strength and durability of a classic Chevy Truck. It is a vehicle that is adaptable and one that lends itself to active life style.
The Tracker is still offering its owner the ability to tackle almost any task, from the daily urban travel right up to an off road adventure, this is a true sport utility that can perform on the road and on the land.
Like all used Chevy vehicles the Tracker begins with a solid foundation, the steel frame which is built under the Tracker gives it an excellent smooth and comfortable operation on the road and the ability to go almost anywhere the driver wants to take it. Its chassis and high distance from the ground giving the Tracker many advantages for off-road use over its competitors who employ a construction of chassis and bodywork, more commonly used for cars not real on-road, off-road used utility vehicles.
A used Chevy Tracker is a strong and long lasting used auto in which you can place your trust. Precision hydraulic rack and pinion is the root of its very safe performance, its rear suspension of high sensitivity with a design with five links is intended to provide a unique perception of firmness and control in the turns.
A pre-owned Tracker offers consumers utility, performance, competence, value, style and all at a reasonable price. A used auto dealer may be able to offer the Tracker in either two-wheel or four wheel-drive options depending on which used vehicle version is available.
The Tracker provides the essential power for those who want to buy a used car, but would perhaps like the added usefulness of a used SUV. All models offer as standard equipment a powerful V-6 engine from 2.5L DOHC, 24 valves that generates 165 horsepower while providing an exceptionally good level of fuel efficiency.
A used Tracker also includes as standard AM / FM radio and CD player, plus air conditioning, rack and pinion steering, folding rear seat and transfer box with changes on progress in the model four-wheel-drive. The Tracker LT models add electric locking doors and much more good value used vehicle options.
The used Tracker has had three separate generations of used vehicles the second generation is the five-door version of the used Tracker. Its range of gasoline engines is composed of engines 1.3, 1.6, 2.0 and 2.5L engine capacity.
The third generation (2005-present) both bodies of the third generation used vehicle models went on sale in late 200. It is totally different from the second generation, is much bigger, and shares the platform with the General Motors bigger SUVs. The Grand used Trackers 4×4 system has a four-wheel traction. The three-door version is approved for four passengers, while the five-door has five seats.
This flexible and highly adaptable used vehicle is very popular and sought after on used auto dealerships lots; seek one out for a first class used vehicle driving experience.
A used Chevrolet Tracker combines a smaller SUV and the power of a V6 engine that is well trusted. There are several used four-door models available at used car dealerships that offer the strength and durability of a classic Chevy Truck. It is a vehicle that is adaptable and one that lends itself to active life style.
The Tracker is still offering its owner the ability to tackle almost any task, from the daily urban travel right up to an off road adventure, this is a true sport utility that can perform on the road and on the land.
Like all used Chevy vehicles the Tracker begins with a solid foundation, the steel frame which is built under the Tracker gives it an excellent smooth and comfortable operation on the road and the ability to go almost anywhere the driver wants to take it. Its chassis and high distance from the ground giving the Tracker many advantages for off-road use over its competitors who employ a construction of chassis and bodywork, more commonly used for cars not real on-road, off-road used utility vehicles.
A used Chevy Tracker is a strong and long lasting used auto in which you can place your trust. Precision hydraulic rack and pinion is the root of its very safe performance, its rear suspension of high sensitivity with a design with five links is intended to provide a unique perception of firmness and control in the turns.
A pre-owned Tracker offers consumers utility, performance, competence, value, style and all at a reasonable price. A used auto dealer may be able to offer the Tracker in either two-wheel or four wheel-drive options depending on which used vehicle version is available.
The Tracker provides the essential power for those who want to buy a used car, but would perhaps like the added usefulness of a used SUV. All models offer as standard equipment a powerful V-6 engine from 2.5L DOHC, 24 valves that generates 165 horsepower while providing an exceptionally good level of fuel efficiency.
A used Tracker also includes as standard AM / FM radio and CD player, plus air conditioning, rack and pinion steering, folding rear seat and transfer box with changes on progress in the model four-wheel-drive. The Tracker LT models add electric locking doors and much more good value used vehicle options.
The used Tracker has had three separate generations of used vehicles the second generation is the five-door version of the used Tracker. Its range of gasoline engines is composed of engines 1.3, 1.6, 2.0 and 2.5L engine capacity.
The third generation (2005-present) both bodies of the third generation used vehicle models went on sale in late 200. It is totally different from the second generation, is much bigger, and shares the platform with the General Motors bigger SUVs. The Grand used Trackers 4×4 system has a four-wheel traction. The three-door version is approved for four passengers, while the five-door has five seats.
This flexible and highly adaptable used vehicle is very popular and sought after on used auto dealerships lots; seek one out for a first class used vehicle driving experience.
Jennifer Dylan asked:
Cars.com and Experian Automotive went on a collaboration wherein they took some time to study the phenomena called the certified pre-owned program. Together, they had already completed the task at hand and they were already able to share with the motoring public important and pertinent information on such.
The studies done by Experian Automotive as well as by Cars.com was actually focused on the measures of impact of certification on the sales of vehicles as well as focusing on the awareness of consumers and buyers when it came to certified pre-owned vehicle programs and the features that these held.
Interestingly, according to that study completed by Cars.com, their shoppers actually did share what they were actually looking for and the certain vehicle brand that they were eyeing. These people actually were able to purchase a certified pre-owned vehicle in a much shorter time compared to those who did not. The brand that they had first shared with Cars.com was also the same brand from within they bought their vehicle. This was quite in line with another study that Experian Automotive did: the results simply showed that shoppers were more likely to purchase certified pre-owned vehicles when they already had a brand in mind. Experts do believe that this may be such for CPO programs actually helped customers narrow down their choices and help them decide better. Perhaps if such programs also were available when you were buying all Land Rover parts, then maybe you also would have an easier time choosing and a faster time purchasing what is it that you wanted or needed.
Dave Nemtuda is the director of Experian Automotive’s Auto Check Solutions team and he does share, “These findings demonstrate the continued strength and value of certified pre-owned (CPO) programs to the manufacturers. In fact, a CPO lead is 75 more likely to convert into a new vehicle sale than a non-CPO used vehicle lead.”
The vice president of advertising for Cars.com, Kevin Considine, also imparted some of the study’s highlights, “While we have come a long way in building general awareness and consideration of CPO vehicles, we see continued opportunity for manufacturers to educate potential buyers of the many benefits to buying a certified used vehicle.”
Cars.com and Experian Automotive went on a collaboration wherein they took some time to study the phenomena called the certified pre-owned program. Together, they had already completed the task at hand and they were already able to share with the motoring public important and pertinent information on such.
The studies done by Experian Automotive as well as by Cars.com was actually focused on the measures of impact of certification on the sales of vehicles as well as focusing on the awareness of consumers and buyers when it came to certified pre-owned vehicle programs and the features that these held.
Interestingly, according to that study completed by Cars.com, their shoppers actually did share what they were actually looking for and the certain vehicle brand that they were eyeing. These people actually were able to purchase a certified pre-owned vehicle in a much shorter time compared to those who did not. The brand that they had first shared with Cars.com was also the same brand from within they bought their vehicle. This was quite in line with another study that Experian Automotive did: the results simply showed that shoppers were more likely to purchase certified pre-owned vehicles when they already had a brand in mind. Experts do believe that this may be such for CPO programs actually helped customers narrow down their choices and help them decide better. Perhaps if such programs also were available when you were buying all Land Rover parts, then maybe you also would have an easier time choosing and a faster time purchasing what is it that you wanted or needed.
Dave Nemtuda is the director of Experian Automotive’s Auto Check Solutions team and he does share, “These findings demonstrate the continued strength and value of certified pre-owned (CPO) programs to the manufacturers. In fact, a CPO lead is 75 more likely to convert into a new vehicle sale than a non-CPO used vehicle lead.”
The vice president of advertising for Cars.com, Kevin Considine, also imparted some of the study’s highlights, “While we have come a long way in building general awareness and consideration of CPO vehicles, we see continued opportunity for manufacturers to educate potential buyers of the many benefits to buying a certified used vehicle.”
Ernest Jarquio asked:
With the popularity that hybrid vehicles are enjoying in the media and with all the attention they have been getting from environmentalist groups and advocates, one wonders how sales of these hybrid cars are going. Let us look at some secondary data provided to get a glimpse at just how marketable these hybrid cars are.
As of the first quarter of 2007, data from Forbes show that in the US alone, hybrids garnered a combined sale of more than 17,000 units, a remarkable 10% increase from the same period in 2006. The demand is definitely rising, and this demand is translating into actual sales. Sale of hybrid vehicles vis-à-vis the total number of light-duty vehicles sold also increased by as much as 1.4% compared to previous year levels. This only means more and more buyers prefer hybrids to conventional-fuel models.
Why the Rush to the Hybrid Section?
As fuel prices soar, more and more car buyers are prompted to go for hybrid cars. Since 2003, hybrid car-makers have been raking in profits from hybrid car sales. In 2004 in the US alone, hybrid car sales were almost 88,000 units. And with the increasing awareness about climate change and global warming, hybrid car sales are yet again expected to surge.
With great expectations for hybrid car sales to reach record highs in 2007, carmakers are rushing to put into the market new models, packed with all the environmental protection and fuel efficiency features that they could muster, not to mention the technological come-ons. New models are also widening the array of offerings, from compact to mid-sized sedans, to SUVs and minivans, even to pickups and trucks.
Car buyers can afford to be choosy with the broad range of hybrid units being offered in the market today. Moreover, fuel-efficiency and environmental friendliness features of these hybrids are reaching new heights, captivating a new kind of socially conscious and responsible breed of buyers.
Prices are reasonable enough to guarantee a following. Moreover, tax incentives and breaks are given to buyers of these eco-friendly hybrid units. Doing the math, the hybrid buyer is aware that he can easily recoup the few thousand dollars difference of a hybrid model over that of a conventional one, through reduced fuel consumption.
And these hybrids come safe for the buyer and his family, too. In addition to fuel efficiency, hybrid safety features are bringing in more buyers. Open the windows and the low emissions of your hybrid ensure that your kids are breathing fresher and cleaner air inside and outside the hybrid van. Navigation and stability systems for the hybrids are also a notch higher, adding to the safety factor more. A hybrid car buyer is assured of efficiency not only fuel-wise, but overall car performance-wise.
As buyers become more fuel-price conscious and more aware of climate change and the effects of greenhouse gases; as they realize that safety is paramount, and begin to expect comfort and enjoyment from riding safe and eco-friendly vehicles, hybrid car sales will continue to rise. Car makers are thus capitalizing on this trend and are coming up with one innovative hybrid model after another. Every car dealer will surely have one hybrid in his stable.
With the popularity that hybrid vehicles are enjoying in the media and with all the attention they have been getting from environmentalist groups and advocates, one wonders how sales of these hybrid cars are going. Let us look at some secondary data provided to get a glimpse at just how marketable these hybrid cars are.
As of the first quarter of 2007, data from Forbes show that in the US alone, hybrids garnered a combined sale of more than 17,000 units, a remarkable 10% increase from the same period in 2006. The demand is definitely rising, and this demand is translating into actual sales. Sale of hybrid vehicles vis-à-vis the total number of light-duty vehicles sold also increased by as much as 1.4% compared to previous year levels. This only means more and more buyers prefer hybrids to conventional-fuel models.
Why the Rush to the Hybrid Section?
As fuel prices soar, more and more car buyers are prompted to go for hybrid cars. Since 2003, hybrid car-makers have been raking in profits from hybrid car sales. In 2004 in the US alone, hybrid car sales were almost 88,000 units. And with the increasing awareness about climate change and global warming, hybrid car sales are yet again expected to surge.
With great expectations for hybrid car sales to reach record highs in 2007, carmakers are rushing to put into the market new models, packed with all the environmental protection and fuel efficiency features that they could muster, not to mention the technological come-ons. New models are also widening the array of offerings, from compact to mid-sized sedans, to SUVs and minivans, even to pickups and trucks.
Car buyers can afford to be choosy with the broad range of hybrid units being offered in the market today. Moreover, fuel-efficiency and environmental friendliness features of these hybrids are reaching new heights, captivating a new kind of socially conscious and responsible breed of buyers.
Prices are reasonable enough to guarantee a following. Moreover, tax incentives and breaks are given to buyers of these eco-friendly hybrid units. Doing the math, the hybrid buyer is aware that he can easily recoup the few thousand dollars difference of a hybrid model over that of a conventional one, through reduced fuel consumption.
And these hybrids come safe for the buyer and his family, too. In addition to fuel efficiency, hybrid safety features are bringing in more buyers. Open the windows and the low emissions of your hybrid ensure that your kids are breathing fresher and cleaner air inside and outside the hybrid van. Navigation and stability systems for the hybrids are also a notch higher, adding to the safety factor more. A hybrid car buyer is assured of efficiency not only fuel-wise, but overall car performance-wise.
As buyers become more fuel-price conscious and more aware of climate change and the effects of greenhouse gases; as they realize that safety is paramount, and begin to expect comfort and enjoyment from riding safe and eco-friendly vehicles, hybrid car sales will continue to rise. Car makers are thus capitalizing on this trend and are coming up with one innovative hybrid model after another. Every car dealer will surely have one hybrid in his stable.
Susan Dean asked:
Repo car sales are an excellent way for you to get the auto that you want at the right price. But, there are some things that you should really think about and consider before investing in these cars. Likewise, you also need to insure that the vehicles that you purchase are actually worth the price that they are being sold at. Not everyone sees the value of a vehicle in the same light, so you’ll need to make this decisions on your own. Lastly, you’ll need to know just where to look to find options that fit your specific needs and your budget as well. Repo car sales offer you the auto you want, when you get it right.
Beware!
When you purchase vehicles under this method, you may need to protect yourself. You are, in most cases, purchasing the vehicle in an as is state. That means that you are may get a few problems along with your purchase. You can combat this, though, by getting to know a mechanic and making him your friend. In all seriousness, a good mechanic can see and hear most major problems with a car by just taking it for a test drive. If you plan to purchase several cars in this fashion, you should consider finding someone to call on whenever you need them. Or, if you know them well enough yourself, this may be the right time to use those skills.
Money, Money, Money
You’re investing money in this purchase. Your money. So, make sure it counts. There are some excellent ways to save it too when you are purchasing repossessed vehicles. You should start by knowing what is out there and then knowing how to get it. You can often find options right on the web to get you started on repossessed vehicles. You will want to look for those opportunities that are really valuable such as bank situations in which the lender is trying to get rid of the car. This can be a real savings for you.
Another avenue to look into are auctions. You can generally find them in your area offering opportunities. You can find them on the web as well. In fact, this can be an excellent way to find a great car for very little. But, the point is that you should find options that fit your needs not just because they are so cheap. Again, you can find a wealth of information on the vehicles themselves as well as their value right here on the web. There are websites set up for various areas or you can purchase one that is from across the country and have it delivered to you. Whatever your need is, it more than likely can be met online.
The goal is to know the quality of the vehicle the best you can, to do your research to find the best prices that are available and to monitor the options that you have. The web can really be an excellent tool to use here.
Repo car sales are an excellent way for you to get the auto that you want at the right price. But, there are some things that you should really think about and consider before investing in these cars. Likewise, you also need to insure that the vehicles that you purchase are actually worth the price that they are being sold at. Not everyone sees the value of a vehicle in the same light, so you’ll need to make this decisions on your own. Lastly, you’ll need to know just where to look to find options that fit your specific needs and your budget as well. Repo car sales offer you the auto you want, when you get it right.
Beware!
When you purchase vehicles under this method, you may need to protect yourself. You are, in most cases, purchasing the vehicle in an as is state. That means that you are may get a few problems along with your purchase. You can combat this, though, by getting to know a mechanic and making him your friend. In all seriousness, a good mechanic can see and hear most major problems with a car by just taking it for a test drive. If you plan to purchase several cars in this fashion, you should consider finding someone to call on whenever you need them. Or, if you know them well enough yourself, this may be the right time to use those skills.
Money, Money, Money
You’re investing money in this purchase. Your money. So, make sure it counts. There are some excellent ways to save it too when you are purchasing repossessed vehicles. You should start by knowing what is out there and then knowing how to get it. You can often find options right on the web to get you started on repossessed vehicles. You will want to look for those opportunities that are really valuable such as bank situations in which the lender is trying to get rid of the car. This can be a real savings for you.
Another avenue to look into are auctions. You can generally find them in your area offering opportunities. You can find them on the web as well. In fact, this can be an excellent way to find a great car for very little. But, the point is that you should find options that fit your needs not just because they are so cheap. Again, you can find a wealth of information on the vehicles themselves as well as their value right here on the web. There are websites set up for various areas or you can purchase one that is from across the country and have it delivered to you. Whatever your need is, it more than likely can be met online.
The goal is to know the quality of the vehicle the best you can, to do your research to find the best prices that are available and to monitor the options that you have. The web can really be an excellent tool to use here.
RyanThomas asked:
India’s rising number of millionaires is driving sales of luxury and super luxury cars. In the territory, luxury and super luxury cars are showing stable growth while the small and medium passenger car segments are slacking off.
Sales of passenger cars increased by 9.1 percent in May to 96,922 units from 88,863 in the same month a year ago. On the contrary, premium and super-luxury brands, including Nissan, Skoda, Mercedes Benz and Rolls Royce have been enjoying steady growth. Skoda’s flagship Sedan, said to a company release. However, Skoda’s total car sales, including economy and premium segments, dropped from 1,000 to 810, in the same period.
To stress, only 0.01 percent of India’s population falls in the super-rich bracket, compared with 1.29 percent in Japan and 1.48 percent in Singapore. But the millionaires are significantly helping the luxury segments of the territory.
Daimler-Chrysler India, manufacturers of Mercedes Benz product lines, earlier shifted from importing completely built units (CBU) to manufacturing cars in the territory from completely knocked down (CKD) units. According to sources, Mercedes Benz sales have increased by over 100 percent in the last three months since it started rolling out CKD units.
This year, Mercedes launched two new models, including the Rs 1.7 crore new CL Class and the new diesel S Class. There was huge demand for these cars in the central and eastern parts of Maharashtra, sources said. But Daimler-Chrysler does not publish sales figures as a matter of policy.
The Mercedes-Benz CL-Class, a grand tourer, is currently available in two models: the CL500/CL550 and the CL600. The S-Class, on the other hand, is the world’s best-selling luxury flagship sedan. The car features advanced drivetrain technologies, safety systems, and interior features. Remarkably, the car introduced the first anti-lock brakes, seatbelt pretensioners, airbag supplemental restraint systems, and the electronic stability control. The latest generation, the W221, debuted in 2005 as an all-new design. The latest S-Class is sold in standard and long wheelbase versions and offers V6, V8, V12, and diesel powertrains.
“Rising interest rates have a lower impact on the sales of luxury cars vis-a-vis economy cars. The reason for this is that buyers of luxury cars take finance for considerations such as tax planning, not because they need the money, while buyers of economy cars take finance because they actually need the money,” said Ashwin Sanghi, the Director of Sanghi Motorcar Co, dealers for Mercedes Benz.
The Nissan Motor Co., another automaker that sells only premium cars in India, has seen orders for the new Teana go up significantly. “Since its launch in April, the Teana has crossed three figures in orders,” said a source familiar with the Japanese automaker’s operations. However, official confirmation of the orders was not available.
The Nissan Teana is a front wheel drive mid-size car introduced in 2003. It is exported as the Nissan Maxima and the Nissan Cefiro to some markets. This is done so as not to be confused with the Nissan Maxima sold in North America. It shares the same platform with the North American Maxima and Altima, as well as the Presage.
The Teana is equipped with the chic Nissan mirror and body parts. It is powered by either 2.3 or 3.5 liter engine which matches to the automatic transmission. Trim levels are 230JK, 230JM, 230JS, and 350JS. The car is also sold in Russia and Ukraine.
Separately, the Japanese automaker will introduce a new audio feature that can play music stored on an iPod through its CARWINGS-compatible HDD navigation system via Bluetooth wireless technology. It will first be available on the new Presage and will become a standard feature for all upcoming new models in Japan.
India’s rising number of millionaires is driving sales of luxury and super luxury cars. In the territory, luxury and super luxury cars are showing stable growth while the small and medium passenger car segments are slacking off.
Sales of passenger cars increased by 9.1 percent in May to 96,922 units from 88,863 in the same month a year ago. On the contrary, premium and super-luxury brands, including Nissan, Skoda, Mercedes Benz and Rolls Royce have been enjoying steady growth. Skoda’s flagship Sedan, said to a company release. However, Skoda’s total car sales, including economy and premium segments, dropped from 1,000 to 810, in the same period.
To stress, only 0.01 percent of India’s population falls in the super-rich bracket, compared with 1.29 percent in Japan and 1.48 percent in Singapore. But the millionaires are significantly helping the luxury segments of the territory.
Daimler-Chrysler India, manufacturers of Mercedes Benz product lines, earlier shifted from importing completely built units (CBU) to manufacturing cars in the territory from completely knocked down (CKD) units. According to sources, Mercedes Benz sales have increased by over 100 percent in the last three months since it started rolling out CKD units.
This year, Mercedes launched two new models, including the Rs 1.7 crore new CL Class and the new diesel S Class. There was huge demand for these cars in the central and eastern parts of Maharashtra, sources said. But Daimler-Chrysler does not publish sales figures as a matter of policy.
The Mercedes-Benz CL-Class, a grand tourer, is currently available in two models: the CL500/CL550 and the CL600. The S-Class, on the other hand, is the world’s best-selling luxury flagship sedan. The car features advanced drivetrain technologies, safety systems, and interior features. Remarkably, the car introduced the first anti-lock brakes, seatbelt pretensioners, airbag supplemental restraint systems, and the electronic stability control. The latest generation, the W221, debuted in 2005 as an all-new design. The latest S-Class is sold in standard and long wheelbase versions and offers V6, V8, V12, and diesel powertrains.
“Rising interest rates have a lower impact on the sales of luxury cars vis-a-vis economy cars. The reason for this is that buyers of luxury cars take finance for considerations such as tax planning, not because they need the money, while buyers of economy cars take finance because they actually need the money,” said Ashwin Sanghi, the Director of Sanghi Motorcar Co, dealers for Mercedes Benz.
The Nissan Motor Co., another automaker that sells only premium cars in India, has seen orders for the new Teana go up significantly. “Since its launch in April, the Teana has crossed three figures in orders,” said a source familiar with the Japanese automaker’s operations. However, official confirmation of the orders was not available.
The Nissan Teana is a front wheel drive mid-size car introduced in 2003. It is exported as the Nissan Maxima and the Nissan Cefiro to some markets. This is done so as not to be confused with the Nissan Maxima sold in North America. It shares the same platform with the North American Maxima and Altima, as well as the Presage.
The Teana is equipped with the chic Nissan mirror and body parts. It is powered by either 2.3 or 3.5 liter engine which matches to the automatic transmission. Trim levels are 230JK, 230JM, 230JS, and 350JS. The car is also sold in Russia and Ukraine.
Separately, the Japanese automaker will introduce a new audio feature that can play music stored on an iPod through its CARWINGS-compatible HDD navigation system via Bluetooth wireless technology. It will first be available on the new Presage and will become a standard feature for all upcoming new models in Japan.