Luxury Vehicle

Luxury vehicle is a marketing term for a vehicle that provides luxury — pleasant or desirable features beyond strict necessity — at increased expense (see luxury goods).

The term suggests a vehicle with higher quality equipment, better performance, more precise construction, comfort, higher design, technologically innovative modern, or features that convey an image, brand, status, or prestige, or any other 'discretionary' feature or combination of them. Luxury is relative, "what may be luxury for one may be premium for another."

In contemporary usage, the term may be applied to any vehicle type— including sedan, coupe, hatchback, station wagon, and convertible body styles, as well as to minivans, crossovers, or sport utility vehicles and to any size vehicle, from small to large—in any price range. Moreover, there is a convergence in the markets and a resulting confusion of luxury with high price: where there may have been a clear difference in price between luxury and others, there is no longer an absolute separation between premium and luxury, with what may be premium brands now more expensive than the equivalent so-called luxury ones.

Read more about Luxury Vehicle:  Definition, Global References, Characteristics, History and Sales

Famous quotes containing the words luxury and/or vehicle:

    Art can never match the luxury and superfluity of Nature. In the former all is seen; it cannot afford concealed wealth, and is niggardly in comparison; but Nature, even when she is scant and thin outwardly, satisfies us still by the assurance of a certain generosity at the roots.
    Henry David Thoreau (1817–1862)

    In all Works of This, and of the Dramatic Kind, STORY, or AMUSEMENT, should be considered as little more than the Vehicle to the more necessary INSTRUCTION.
    Samuel Richardson (1689–1761)