Luxury vehicle
From Wikipedia, the free encyclopedia
Luxury vehicle is a marketing term for a vehicle that provides luxury — that which is beyond strict necessity — in exchange for increased cost to the buyer.
The term suggests a vehicle with greater equipment, performance, construction precision, comfort, design ingenuity, technological innovation, brand image, caché, prestige — or other discretionary feature or combination of features — beyond strict necessity.
The term may be applied to any body style — from minivan to convertible, crossover or sport utility vehicle — and to any size vehicle, from small to large.[1]
Though widely used, the term is broad, highly variable, ambiguous and abstruse — and lacks both measurability or verifiability. "What is a luxury car to some.. may be ‘ordinary’ to others." [1]
In some nations such Australia, a luxury car is defined as one whose value exceeds a certain threshold[2] (see: Luxury Car Tax).[3]
[edit] References
- ^ a b Consumer Behaviour / Luxury Automobiles. J. Anurit, K. Newman, B. Chansarkar.
- ^ "Luxury Car Tax" Australian Customs Notice - 2001/58, 1st September 2001, retrieved on 2008-05-24.
- ^ Bills Digest No. 159 1998-99, A New Tax System (Luxury Car Tax) Bill 1999, retrieved on 2008-05-24.
