How badly do you want a Bugatti Veyron? If you live in India there’s a small catch: you have to buy one for the government as well. The Indian government has mandated a massive 110 percent import tax on the Veyron. This blows out the price in India to an eye-popping $3.65 million (160 million rupees).
Exclusive Motors, the chosen dealer to market the Bugatti Veyron in India, also offers other exquisite marques like Bentley and Lamborghini. Reports say a Veyron has already be bought through the dealer and it will be delivered to the rich realtor in the next few weeks.
There’s also reports of two more being recently sold. So it doesn’t matter how much the car costs, there’ll always be a buyer. Satya Bagla, head of Exclusive Motors Pvt. recently said,
“People have more spending power and are getting more aware of owning beautiful things, they are more ready to show their wealth.”
Rich business tycoons in India will be happy they can now exhaust their spending sprees on such a car, and the government will be happy to receive the sudden boost in tax revenue from it… everybody wins when someone buys a Bugatti.
Prestige car importers in Australia recently opposed the increase in luxury car tax from 25 percent to 33 percent. In perspective, however, we’re still 77 percent more affordable Down Under.