35 Startling Facts About Australian Luxury Car Brands

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35 Shocking Facts About Luxury Car Brands Australia | Top 20 Luxury Car Brands In The World

• Land Rover (-32.7), Volkswagen (-37.5) and Lexus (-27) were also down significantly as the luxury market continued to struggle. - Source: Internet
• This general increase in vehicle affordability does appear to extend to some luxury cars. For example, BMW’s senior manager of corporate communications told Drive.com.au in 2011 that: - Source: Internet
• Starting around the mid-20th-century, post-war demand for motor cars kicked the entire industry into high gear. As one might expect, Australian car manufacturing followed suit, with the emergence of factories and brands alike. There was even an Australian tyre manufacturing industry, which officially ceased to exist in 2010. Along similar lines, our nation’s car market seems to be driving toward extinction these days, with other countries importing cars to Australia at accelerating rates. - Source: Internet
• In this scenario, the cost of importing the car (customs duty + GST + LCT) is $9,773.60 (plus the cost of transport and insurance). As you can see, importing a luxury car yourself (if you are even allowed to) can become very expensive – and this cost only increases with the value of the vehicle you’re looking to import. - Source: Internet
• LCT is set at 33% and this is taxed on the amount above the LCT threshold. This tax is paid by businesses (i.e. dealerships) that sell luxury cars and therefore the cost is passed on to consumers. LCT also applies to individuals who choose to import luxury vehicles – you can read more about do-it-yourself imports later on in the article. - Source: Internet
• While the current Australian dollar is relatively low at around 0.52 GBP and 0.76 USD, over the past five to six years it has been rather strong at times (for example, in 2011/12). With this being the case, many people have wondered why the cost of luxury vehicles has remained so consistently high. - Source: Internet
• Is a luxury rental car in Australia the right option for you? With Auto Europe you can compare rates on luxury vehicles with traditional rental cars, vans, private drivers, and more all in one place. We’ve got the best rates in the industry and our live customer support team is here 24 hours a day, 365 days a year. Start planning your next trip with Auto Europe today. - Source: Internet
• Auto Europe provides customers with the lowest rates on luxury rental cars in Australia. Compare rental rates for luxury models from the most popular brands including BMW, Mercedes, Porsche, and many more. Rent from the best car rental suppliers who offer luxury vehicles in Australia. Browse makes/models from Hertz, Europcar, Alamo, East Coast, as well as many other trusted suppliers. Use our booking engine at the top of the page to find rates from multiple suppliers, click those rates to browse makes and models from that supplier! - Source: Internet
• 3. Avoid buying old luxury vehicles especially if it is European made. Do not be fooled by the attraction of the lower prices. Luxury vehicles lose their value dramatically every year especially once they hit 150K in mileage. - Source: Internet
• Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales of 661,713 cars in 2020 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding since 2010. - Source: Internet
• Much like the Wraith only it’s a four-door sedan. It hit the market first, showcasing the company’s ability to provide a product closer to the entry-level luxury segment. Underneath, it starts life as a BMW 7 Series, which gives it surprisingly rewarding driving dynamics. If you can’t quite stretch to the company’s flagship Phantom, this is the car you need to buy your driver. It’s just as gorgeous to look at, and inside it provides supreme luxury. - Source: Internet
• After an early identity crisis where the name was used under the Hyundai banner, Genesis, the Hyundai Group’s luxury brand, launched globally as a stand-alone entity in 2016, and formally arrived in Australia in 2019. Keen to disrupt the premium market, it offers provocatively priced sedan and SUV models, bristling with tech and loaded with standard equipment. Specifically, the GV70 and larger GV80 SUVs, as well as the G70 and G80 sedans. - Source: Internet
• Mercedes-Benz can be traced back to the very beginning of the car industry in the late 1880s. Synonymous with automotive excellence the famous three-pointed star badge today graces an extensive range of prestige, luxury and sports cars. There are small, medium, and large hatches, sedans, wagons, coupes, convertibles, roadsters, SUVs, high performance sports cars, and people movers. The company also markets a range of light commercials. A line up of all-electric ‘EQ’ models is also growing rapidly. - Source: Internet
• Another Drive.com.au article from 2011 analysed the cost of high end luxury cars such as Ferraris and Lamborghinis and found that these luxury vehicles have increased in price by as much as 50% in a decade. While the price of a new BMW had also increased in this time, it was by a far smaller margin (approximately 10%). However, standard vehicles such as the Toyota Corolla actually saw a reduction in price between 2001 and 2011 – revealing just how much of a premium Australians really are paying for luxury cars. - Source: Internet
• The government will still hit you with a luxury car tax (LCT) if your vehicle is worth more than $63,184 (figure for the 2015/16 financial year). If your vehicle isn’t brand new, you can ask to have this figure revised to better reflect the current value of your car, however if it’s still above the threshold then you will have to pay 33% tax, plus GST and customs duty. As you might expect, the cost of importing most luxury cars (if you are actually allowed to do it in the first place) equates to a substantial amount of money. - Source: Internet
• “I am excited for our brand and what is to come in 2022. Volvo in Australia has had 4 years of consecutive growth and 2022 will be no different. The future of our brand and products sets us apart from other luxury manufacturers.” - Source: Internet
• Motoring.com.au notes that the introduction of this legislation could see a drop in the price of luxury vehicles: - Source: Internet
• However, there is some respite in site. Thanks to recent legislation changes that will see parallel imports become legal in 2018, it’s possible that luxury vehicles in Australia could become more affordable in the near future. Whether this actually comes to fruition remains to be seen – knowing the Australian government, things could change a lot in two years time! - Source: Internet
• Maserati is an Italian luxury vehicle brand established in Bologna. The company was initially associated with Ferrari. In 1968, the business was purchased by the Citroen brand. - Source: Internet
• “To have achieved a 17.5% increase in a year hampered by a number of constraints is a fantastic result for Volvo Cars, especially when the luxury segment only increased by 2.4% in 2021.” - Source: Internet
• The German carmaker has expanded its Australian footprint in recent years with an extensive selection of prestige, luxury and sports models ranging from compact sedans and hatches to SUVs, luxury sedans and high-performance sports cars. Most have petrol and diesel engine options, and some boast the ‘quattro’ all-wheel drive system. The A8 sedan is the luxury flagbearer, the mid-engined R8 sets the performance pace, and the RS range delivers high performance upgrades on a number of models. - Source: Internet
• There are still a few iconic car brands and makes that remain integral to Australia’s history, even if they haven’t been manufactured for decades. If nothing else, automotive museum exhibits and car shows simply wouldn’t be the same without them. Here are some of the best ones: - Source: Internet
• You can arrange your luxury car rental online or call us 24/7 at 1-888-223-5555 to speak with one of our specialists about renting a Porsche, Mercedes or BMW in Australia. They will be able to answer any questions you have about renting a luxury vehicle with us. Guarantee yourself the best rate by booking with Auto Europe today! - Source: Internet
• Rent a luxury car in Australia from Auto Europe and tour the country in style through world class cities like Sydney and Melbourne. Australia is the perfect destination for exploring your sports car fantasy. A luxury car allows you the freedom to discover the vast expanse that is Australia in style and comfort. - Source: Internet
• While mid-range luxury vehicles are relatively popular here in Australia, top-end cars such as Ferraris and Lamborghinis are sold in far smaller numbers. The lower demand for these cars – as you might expect – equates to a much higher retail price. Australia has a relatively small population compared to countries such as the United States and United Kingdom; therefore, there are fewer people who can afford the sort of cars that cost hundreds of thousands of dollars. - Source: Internet
• The grand old British marque of luxury, high-performance motoring has new style, spirit and technology under the stewardship of the Volkswagen Group. Bentleys are still lovingly handcrafted in Britain with a blend of traditional leather, genuine woodgrain and lusty engines with the latest technology. Models offered are the Bentayga SUV (the brand’s first), Flying Spur sedan, as well as Continental coupes and convertibles. - Source: Internet
• What could be better than cruising the Australian desert in a Porsche rental? Auto Europe has a wide selection of exotic car rentals in Australia including multiple series of BMW’s, a variety of Mercedes classes, Porsche models including Panamara and Cayenne rentals. Browse all of these and more by using our booking engine to find your car. Below are some of the most popular luxury models reserved in top travel destinations in Australia. - Source: Internet
• The best way to find a great deal on an international rental car in Europe is to comparison shop, but the good news is that Auto Europe does the legwork for you, allowing you to compare rates on any make or luxury car model to choose the best price and the vehicle that you want. Whether you prefer to book with Hertz, Europcar, Enterprise or any other major supplier, Auto Europe’s special and long-standing partnership with these companies allows our clients to enjoy special low-rates (often lower than what you would find if you booked directly with these companies). If you do happen to find a better rate elsewhere bring it to us and we’ll beat the price. That’s how important your business is to us. - Source: Internet
• For example, you can buy a Mercedes Benz S Class for between 200K to 400K when new, but you can buy the exact same car after 8 years for less than 60K. As you can see, each year, it loses over 10 percent of its value because it is pretty much the time to sell that car and not to buy it as different parts are about to go bad and cost you money. That is normally the main reason why people try to sell their luxury car around this time and they are normally willing to negotiate the price. - Source: Internet
• Wilhelm Maybach was an early business partner and engineering collaborator with Gottlieb Daimler’s in the late 1800s. Maybach started his own business, initially focused on aero and rail car engines, before moving to luxury cars. Mercedes-Benz used the name to start an ultra-luxury car brand in the late 1990s, more recently producing high-end versions of its existing models under the Mercedes-Maybach sub-brand. - Source: Internet
• No other luxury brand came close in June’s VFACTS report. The next closest increase in sales was Ferrari, which had a 21.8 percent increase when compared to 2021 figures (but ‘only’ sold a total of 106 cars so far this year), and Porsche with a 17.6 percent increase. - Source: Internet
• The value of the taxable importation (VoTI) is then calculated by adding the CV, customs duty and transport and insurance costs. In this example, this equates to $60,300. A GST of 10% is then added ($6,030) which takes the total at this point to $66,330. This is considered to be the luxury car value (LCV). - Source: Internet
• The iconic off-roader came into being after World War II and quickly won a reputation with the rural community around the world. The addition of the large, luxury Range Rover in 1970 broadened the brand’s appeal to city dwellers. Land Rover still produces its vehicles in England, but is now part of the Indian Tata Group. Land Rover Australia imports the Discovery, Discovery Sport and Defender, as well as the Range Rover line-up including the Evoque, Velar, Sport, and full-size Range Rover. - Source: Internet
• LCV stands for luxury car value; this is the retail price of the car. Therefore, a vehicle that has a retail price of $88,000 must pay a LCT of $7,444 ((88,000-63,184) x 10/11 x 0.33). This means that the car would be sold to a customer for $95,444. - Source: Internet
• “The prices of these [luxury] cars are [also] more competitive than they’ve ever been. If you compare the price of an E-Class, say the E200 CGI, to its equivalent 10 years ago, it is significantly better value now in terms of average weekly earnings and inflation.” - Source: Internet

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