Reportedly contrary to a belief that super-rich would not think much when it comes to buying their favourite car, the indian arm of super sports car manufacturer Lamborghini has said around 60 to 65 per cent of their cars are sold on car finance in the country. Meanwhile Lamborghini india head Sharad Agarwal said most of the buyers of these super-cars are industrialists and businessmen, the company has rarely sold a car to a corporate professional, such as a CEO, in India.
Reportedly "Our buyers are wealth creators, not wealth inheritors. They understand the value of money. Though they have money they would calculate everything before shelling out Rs 5 crore on a car. He would think about investing that much money into his own business and buy the car on loan," Sharad Agarwal told reporters here.
He said "Let me tell you that we do sell cars on EMI. More than 60 to 65 per cent our our cars are sold on finance. Majority of our buyers are industrialists or businessmen. Unlike in the US, very rarely we witness a corporate professional, like a CEO, buying a Lamborghini in India". He was speaking to reporters on the sidelines of the launch of 'Huracan EVO RWD', a super sports car. Apparently price of the car starts from Rs 3.22 crore, ex-showroom, pan-India. He said "Around three years back, 99 per cent our sales was coming from metro cities, like mumbai, delhi and Kolkata".