Luxury vehicle
From Wikipedia, the free encyclopedia
Luxury vehicle is a marketing term for a vehicle that provides luxury — pleasant or desirable features beyond strict necessity at increased expense (see: definition of luxury).
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 and highly variable: "What is a luxury car to some... may be 'ordinary' to others."[1]
[edit] Global references
According to the European Comission, the "luxury vehicle" segment is classified as F-segment. However, the boundaries between the traditional segments are increasingly becoming blurred and diluted as features once exclusive to luxury vehicles become standard equipment on even small cars.[2][3][4]
- 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 threshold[5] (see: Luxury Car Tax).[6]
- Germany: In Germany the term "Upper class" (German: Oberklasse) is used.[citation needed]
- Russia: Russian markets use the term "representative class vehicle" (Russian: автомобиль представительского класса, also translated as "luxury vehicle").[7]
[edit] See also
[edit] References
- ^ a b "Consumer Behaviour / Luxury Automobiles" (PDF). J. Anurit, K. Newman, B. Chansarkar. http://www.economicswebinstitute.org/essays/carthai.pdf.
- ^ http://ec.europa.eu/competition/mergers/cases/decisions/m1406_en.pdf
- ^ http://ec.europa.eu/competition/mergers/cases/decisions/m1326_en.pdf
- ^ http://ec.europa.eu/competition/mergers/cases/decisions/m5219_20080925_20310_en.pdf
- ^ "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
- ^ Car of the Year Russia (Russian)

