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:

    For certainly he sank into his grave
    His senses and his heart unsatisfied,
    And made—being poor, ailing and ignorant,
    Shut out from all the luxury of the world,
    The coarse-bred son of a livery-stable keeper—
    Luxuriant song.
    William Butler Yeats (1865–1939)

    If you would learn to write, ‘t is in the street you must learn it. Both for the vehicle and for the aims of fine arts you must frequent the public square. The people, and not the college, is the writer’s home.
    Ralph Waldo Emerson (1803–1882)