The term ‘luxury vehicle’ is suggestive of a car that comes with better performance, higher design aesthetic, greater comfort, technologically innovative models, more top quality equipment, better performance and more precise construction. Also, it may include an optional feature, or a combination of some, like a status, image, prestige or brand. The term luxury car may also be very relative, highly subjective and highly variable as well as broad because different people can comprehend it differently as a conditional, perceptual and subjective attribute.

Luxury cars can be used for any vehicle type in the modern use, like a station wagon, coupe, hatchback, sedan, convertibles, sport utility vehicles, minivans, cross overs, etc. They come in a rather inflated price range that comes with additional features of safety and comfort that are missing in the regular models.

There is nowadays a confusion in the market wherein people are confusing luxury to mean ‘expensive’ instead of focusing on the features being offered. Even premium brands in today’s time are selling expensive vehicles that are not in the luxury segment but are thought of like that. It is thus important to know the hallmark of a luxury car before making a luxury cars lease deal.

By targeting a specific socio-economic class, auto mobile makers, designers, and manufacturers have managed to create specific makes and models that are now a part of the equation where a particular model is more associated with social status than the ownership of the car in itself. Automakers now differentiate in their products with reference to the car buying public, making the public opinion an important factor that defines the term ‘luxury cars.’ Along with a high price, other factors like engineering, styling, and availability also contribute towards this term.

Makers of luxury vehicles can be individualistic or stand-alone companies like Mercedes-Benz or Bavarian Motor Works or BMW, or a subsidiary division of a general manufacturer and mass maker, like Lexus by Toyota. It is thus important to understand the definition of luxury and personal preferences before taking on a luxury car lease deal.