Luxury vehicles.html



Look up luxury in Wiktionary, the free dictionary.

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, or features that convey brand image, cachet, status, or prestige — or any other discretionary feature or combination of features.

The term may be applied to any vehicle type — from minivan to convertible, crossover or sport utility vehicle and to any size vehicle, from small to large — in any price range.¹

Though widely used, the term is broad, highly variable, ambiguous and abstruse — and lacks both measurability or verifiability. In other words, there is no test, defined threshold, or industry standard, that determines at what point an automobile becomes a "luxury vehicle."

"What is a luxury car to some... may be ‘ordinary’ to others."¹

Global references

• ACRISS is a code system used by many car rental companies in the US for classifying vehicles (but not brands or marques). The system includes Luxury and Premium categories.
• Australia In Australia, for taxation purposes a luxury car is defined as a passenger car whose value exceeds a certain threshold² (see: Luxury Car Tax).³
• Germany: In Germany the term "Upper class" (German: Oberklasse) is used.^{citation needed}
• Portugal: Portugal defines a "luxury car" by the cubic capacity of the engine.^{citation needed}
• Russia: Russian markets use the term "representative vehicle" (Russian: представительный автомобиль, also translated as "luxury vehicle") is used.⁴

References

See also

• Luxury good
• Veblen good