Ride of the wealthy: Rich Indians prefer Bombardier jets; Audi & BMW cars favourite
Almost half of the wealthy like to renew their luxury car every 3-4 years.
Hurun India’s Luxury Consumer Survey 2019 has done the research for you, listing out the most popular private jet brands. According to the survey, Bombardier is the most popular private business jet brand and Gulfstream grabs the second position. Other brands on the list include Dassault, Honda Jet and Embraer.
And for those who can’t conquer the skies with their rides, there are the roads. Nearly half of the respondents of the survey have two to three cars. And almost half of them renew their car every three to four years. Audi and BMW are the “most popular luxury car brands,” with Mercedes - Benz clinching the close third spot. Following spots are taken by Rolls-Royce, Aston Martin and Lamborghini.
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Luxe On Wheels
This is the first edition of the Hurun Luxury Consumer Survey and is aimed at understanding the changing pattern and preferences of lifestyle, consumption habits and brand awareness of high-net-worth Indians.
Anas Rahman Junaid, MD and chief researcher of Hurun Report India said: " Increase in opulence and the rising millennial population in the country, investment into luxury products and service would witness an upward trend. If India’s GDP doubles in the next 4 years, that will have an impact on the number of new millionaires in the country – resulting in a direct impact on luxury spending and investments.”