It isn’t so common to exchange luxury cars for “regular” cars or is it? Well, the latest news shows some insights into this growing trend.
The latest trend has emerged where luxury cars owners are exchanging their vehicles for MG Gloster SUVs. Now, what does this signify? The Premium car segment has seen consistent growth over the last few years. However, there segments just below that entry-level luxury segment has also seen attractive products with modern features and powerful features. The price point is also on the verge of overlapping. While new customers are getting to the ambitious luxury cars, the erstwhile luxury cars owners are seeing the value for money proposition in cars like the MG Gloster. Let us dissect the possible philosophy behind this trend in a bit of detail.
Also read: MG Gloster vs Ford Endeavour- Features, Prices, Specs, Engines Comparison!
Exchanging Luxury Cars Gloster
There have been many reports of various people who have exchanged their premium cars for MG Gloster. For instance, a Mercedes E-Class owner recently took home an MG Gloster with 2.0-litre diesel in a 4×4 drive system version with automatic transmission. Another report suggests that a Jaguar owner got himself a brand new Gloster Savvy trim in exchange for the luxury sedan. For the uninitiated, the Gloster is a full-size 7-seat SUV with off-roading capabilities and Leve 1 Autonomous features. It ranges from Rs 29.98 lakh and goes all the way to Rs 37.68 lakh, ex-showroom. This price overlaps with quite a few entry-level cars of the premium segment. Hence, the people who own luxury cars for a long time are not enamoured by them anymore. So, they find a better value for their money with something like a Gloster.
Also read: MG Launches Range-Topping Savvy Variant Of Gloster With ADAS & 4×4 Drive System
Another aspect could be the sheer plethora of features that MG Gloster comes equipped with. For the entry-level premium car, a performance-oriented engine is a huge part of the high price tag. However, most people don’t even use even 50% of all that power in day-to-day running. Essentially, you end up paying a huge sum for something you don’t even use in its entirety. But vehicles like the Gloster focus more on in-cabin comforts and conveniences and come with all the modern tech. This means that while the engine is still decent enough for every possible driving condition, you actually get more features to pamper yourselves. This translates to a better value for money prospect. These could be some of the reasons why people are exchanging their luxury cars for MG Gloster.
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