Youth Showing Interest To Buy Luxury Cars And Bikes In Hyderabad _ V6 News

Name: Youth Showing Interest To Buy Luxury Cars And Bikes In Hyderabad _ V6 News
Uploaded: 2023-09-10T09:27:30+00:00
Duration: 2 min 55 s
Channel: V6 News Telugu

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Transcript

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00:00 The present trend in the city is that luxury cars are bought by the middle class public.

00:05 They are trying to maintain the cost richly.

00:09 With this, the sales of high range cars and bikes have increased in the city.

00:12 Showrooms are saying that if we compare with other states,

00:14 high range cars and bikes are being sold more in Hyderabad.

00:18 In Hyderabad, the sales of luxury cars have increased significantly.

00:27 In comparison with the past, the demand for costly vehicles has increased for 2-3 years.

00:31 Experts say that the reason is the present generation youth mindset.

00:35 In the past, when there were luxury cars on the road,

00:37 people used to take selfies and post them on social media.

00:41 After corona, the trend has changed.

00:43 Everyone is eager to hunt in a costly car called "target for big".

00:54 The public is in the mindset that money is not a problem, but status should not be reduced.

00:59 They are giving priority to branded products to look rich.

01:02 In addition to that, many youths have luxury cars and bikes in the first place in the wish list.

01:08 Banks are buying luxury cars by giving EMI facility loans.

01:13 Especially, IT sector, TV serial artists, along with real estate,

01:17 people with good income source are buying high look cars.

01:21 Even middle class people are interested in buying luxury cars.

01:24 As I know, the land rates have increased,

01:28 so people are showing interest to buy luxury cars.

01:32 People are interested to buy second hand cars.

01:37 As cars are mandatory for the current lifestyle,

01:41 people are interested to buy branded cars like Benz, Audi, BMW.

01:48 It is easy to get car loans,

01:53 and it is guaranteed that pre-owned cars will be available.

01:57 Because of these reasons, people are interested to buy luxury cars.

02:03 In the city, cars like Benz, Audi, BMW, Lexus, MG are seen more in the market.

02:11 The starting rate of these cars is around 40 lakhs.

02:15 Because of safety, classic look, budget and cost,

02:19 these cars are being sold more by the companies.

02:22 In comparison to other states,

02:24 there are more high range cars sales in Telangana.

02:27 Especially, 30% of the people who buy Mercedes Benz cars,

02:31 are women.

02:40 In the city, the used car segment is mostly bought by high range cars.

02:45 Experts say that the public lifestyle will change

02:48 if people from different states come to the city and do business.

02:52 [MUSIC PLAYING]

Youth Showing Interest To Buy Luxury Cars And Bikes In Hyderabad _ V6 News

Transcript

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