5 Cars That Cost More in India Compared to Foreign Markets
Are you a car enthusiast who loves to keep up with the latest trends in the automotive industry? If so, you must have noticed that some cars cost more in India than in foreign markets. The major reason behind this price difference is the import duty levied on cars that are imported to the country. This means that Indian customers end up paying more for the same cars compared to people in countries like the USA or the UK.
In this article, we will discuss 5 cars that cost more in India when compared to foreign markets. Let’s dive in and explore these luxury vehicles that come with a hefty price tag in India.
1. Ford Mustang:
The iconic Ford Mustang, known for its strong-yet-subtle personality and powerful 5-litre V8 engine, has been a favorite among Indian customers. However, the Mustang comes with a higher price tag in India compared to the US. While it costs around Rs 74.61 Lakhs in India, the same model is sold for $32,100 (approximately Rs 23.30 Lakhs) in the US.
2. Mercedes G-Wagon:
The Mercedes G-Wagon, specifically the G63 AMG variant, is a powerhouse in its segment with its muscular design and impressive performance. In India, the G63 AMG comes with a price tag of Rs 2.42 crore, whereas it is priced at $156,450 (approximately Rs 1.14 crore) in the USA.
3. Range Rover:
Range Rover vehicles are known for their luxury and style, making them a popular choice among premium SUV enthusiasts. However, the price difference is evident in India compared to the US. For example, the Range Rover Velar costs Rs 75.25 Lakhs in India, while it is sold for $56,300 (approximately Rs 40.87 Lakhs) in the US.
4. Rolls-Royce:
Rolls-Royce cars are synonymous with luxury and elegance, hand-built to perfection according to the customer’s preferences. Due to import duties, Rolls-Royce cars see a significant price difference in India compared to the UK. For instance, the Rolls-Royce Cullinan costs Rs 6.95 crore in India, while it is priced at £276,000 (approximately Rs 2.75 crore) in the UK.
5. Nissan GT-R:
The Nissan GT-R, also known as ‘Godzilla’, is a supercar killer with its impressive performance capabilities. In India, the 2017 model of the GT-R is priced at Rs 2.12 crore, while it is sold for $109,990 (approximately Rs 80 Lakhs) in the US.
These are just a few examples of luxury cars that come with a higher price tag in India compared to foreign markets. If you’re a car enthusiast looking to invest in a premium vehicle, it’s essential to consider these price differences before making a purchase decision. Stay tuned for more updates on the latest trends in the automotive industry by subscribing to Motoroctane’s YouTube, Google News, Facebook, and Twitter channels. And if you have any doubts or queries regarding car purchases, check out our paid car consultancy service for expert advice. Happy driving!