More than 5,000 luxury cars were sold in 2006, up from 3,000 cars in 2005 and just 1,000 in 2004. Over 80,000 millionaires in metros and mini-metros have fuelled increasing demand for these vehicles priced at Rs 20 Lakh and above. Car loans have also come up with competitive equated monthly installments (EMIs) to attract the common individual with big dreams. Top of the line marques like Mercedes-Benz, BMW, and Audi are now available at an EMI very close to those of premium cars like Honda Accord, Toyota Corolla, and Hyundai Sonata. In the volume car market, 75% of all sales are financed, while 60% of luxury cars are financed. Here is a look at the Top 10 Luxury Cars any successful professional can afford.
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