Luxury car buyers in Tamil Nadu increased by 50%
While many foreign car companies have been manufacturing cars in India, some have always preferred luxury cars. High speed and comfortable seats are the choice of people. Cars priced above Rs 30 lakh come in luxury cars.
A total of 5,797 cars were registered in tamil Nadu in the financial year 2022-23. That's up 46.2% last year to 8,475. The highest number of 1,668 cars were registered in the chennai region and 510 in Coimbatore. As many as 110 luxury cars were registered in madurai, 95 in tirunelveli, and 67 in Trichy.
When it comes to cars, bmw cars are the most popular car of the people. In 2023-24, 715 bmw cars were registered in the chennai zone, 226 in the coimbatore zone, 61 in madurai, 34 in tirunelveli, and 33 in Trichy. people have bought mercedes-benz cars next. chennai registered 706 cars, coimbatore 203, madurai 35, tirunelveli 45 and Trichy 27.
There were 76 units of Porsche, 66 audi, seven Bentley, six Lamborkernies, five Rolls-Royces, four Misyards, and one each of Aston Martin and Ferrari. While luxury cars were bought only by the affluent, many young industrialists, real estate tycoons, start-ups, doctors, lawyers, and corporate employees have also turned their attention to luxury cars.