Indians Ready to Spend on Luxury Cars But Not on Fuel

Recent surveys in the big companies like Mercedes also tells us that now a day’s customers are getting more attracted towards the diesel cars rather than the petrol cars.  Mr. Surjit Arora , one of the best Auto Research Analyst in India said: “even as the overall market has totally shifted towards diesel, the luxury car segment has also tipped itself towards  and premium car makers like BMW and Mercedes have ramped up their capacity for the same,” as told to Firstpost.

Mr. Arora also added, “People who go for luxury cars are mostly categorized as the super rich, and it normally doesn’t matter how much they pay for fuel. But, given the present 40 – 45 per cent price differential between the two fuels, the running and maintenance costs of the car come down drastically…when one can get a car with similar features at better overall costs, people will tend to buy what makes more sense for them — which at present is a diesel car versus a petrol car”.

Most of the financial analyst agrees with Mr. Arora and has said that after having the cost advantage, the understanding about the degrading quality of petrol has forced the customers to change their taste from petrol cars to diesel cars.

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