Buying of a new car is obviously a symbol of high status as well as an essential need for the people of modern times. We all look to lead a luxurious life, because of which we buy brand new cars to fulfill the requirement. They are available in varying ranges and people will acquire the same based on their financial conditions or budget. However, have you ever thought pricing of a new car is done in what way? Pricing of a car is a crucial work and needs expertise. Whenever a new car is launched, its pricing is done.
It is the price including the base price and the total packaged car. A car price depends upon the material and the facility you get after its acquirement. Its material, average and even engine all these things matter a lot during pricing. Its size and shape also matters while displaying of price quotes for new car. Car prices hike at the time of boom in the market segment.
Price of Cars Depend on Segments
Segments are divided into A, B, C and D categories. Car of A category have prices ranging from the value of 2 lakhs to about 3 lakhs. This will include Tata, Suzuki, Maruti, Chevrolet and the brand new Hyundai. In addition, if you look over B segmented options, you will find their prices as 3 to 6 lakhs.
These models are little bit big and incorporate large numbers of features as compared to different types of A segmented cars. C segmented models have further higher prices, which go up to the value of 10 lakhs. Here, manufacturers will include Hyundai, Maruti, Chevrolet, Honda and Tata. D segment has the best cars they are priced above 10 lakhs and even goes up to 1 crore. These models have incorporated best engines and highly gauged by using varieties of good quality materials.