Why are cars so expensive? What makes them so expensive? Which is the most expensive car in the world? Why are people crazy about expensive cars?
These are some questions you should not ask from a crazy car lover unless you want a 12-hour detailed discussion on cars. If you are not ready for hours long discussions, you should not touch the subject. Rather, read this article and see if you get the answers to a few questions (not the last one though).
First of all, let’s see why cars are so expensive and what makes them value at such a high price.
What Makes a Car Expensive?
Expensive accessories:
Luxury cars use expensive materials like heavy engines, leather seats, woodwork, handwork and what not to give the owner a commendable experience while driving. The accessories and parts used in the luxurious cars adds to the value of the vehicle. Additionally, luxury cars are associated with status symbols.
Status symbols:
When a car uses expensive parts and accessories it adds to the value of the vehicle. With added value, the car is priced high. Who will afford a highly prized possession? Yes, the one with money and money buys you the best things. If a person owns a Rolls Royce phantom series, you will simply know the person holds a status in the society.
Limited production:
Cars are expensive because of their limited production. Less production means more demand, and luxury cars do follow the same motto. The only thing with less production of luxury cars is, the first comer is first served. A few numbers means exclusivity.
Most Expensive Cars in the World:
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Roll-Royce Droptail:
The most expensive car in the world comes from Rolls-Royce. The elite car manufacturing company has launched the most expensive car Rolls-Royce La Rose Noire Droptail in 2024 pricing it at $30 million which is around INR 248 crore. The car company has just built 3 units of this magnificent beauty.
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Roll-Royce Boat tail:
The second on the list is also a Roll-Royce. Priced at $28 million which is INR 233 crore, Rolls-Royce Boat tail is the second most expensive car in the world. The manufacturing company has only produced 3 units of this charming vehicle.
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Bugatti La Voiture Noire:
Priced at $18.7 millions around INR 160 crore, Bugatti La Voiture Noire is the 3rd most expensive car in the world. Only 1 unit of this admirable beast was made and launched in the 2019 Geneva Motor Show and was sold to an anonymous buyer. Though people think that the buyer is Cristiano Ronaldo, no one can say for sure.
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Pagani Zonda HP Barchetta:
Pagani Zonda HP Brachetta is priced at $17 million which is INR 122 crore. Pagani Honda HP Barchetta was launched in 2017 and only 3 units were produced. Out of those 3, 1 is owned by Horacio Pagani himself, the owner of Pagani Automobili. The limited production of car units is what sets Pagani Automobili apart from its competitors.
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SP Automotive Chaos:
SP Automotive Chaos in another limited edition ultracar by renowned Greek designer Spyros Panopoulos. This car costs $14.4 million, INR 119 crore. The car uses a V10 engine and has a horsepower of 3065.
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Rolls-Royce Sweptail:
Another Rolls-Royce, another symbol of eliteness. Rolls-Royce Sweptail costs $13 million which accounts for INR 109 crore.
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Bugatti Centodieci:
Bugatti is known to make supercar with hands down the best features. Centodieci is its tribute to Bugatti competing 110 years in existence and producing the best sports cars. Centodieci means 110 in Italian. Launched in 2019, Centodieci was priced at $8.8 million, around INR 73 crore.
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Mercedes Maybach Exelero:
Maybach Exelero was launched in 2004 and still comes in the most expensive cars in the world even after a decade. With a V12 engine and 690 horsepower, this favourite vehicle of many is priced at $8 million, INR 66 crore.
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Pagani Huayra Codalunga:
Huayra Codalunga is a tribute to 60’s race cars inspired by their long tail feature. This is a rare model and only 5 of its units were manufactured making it one of the the costliest cars in the world. Huayra’s starting price is $7 million, INR 62 crore.
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Bugatti Divo:
This amazing production by Bugatti is priced at $5.8 million, INR 41 crore. With boasting 1500 horsepower and a quad-turbocharged W12 engine it is also one of the fastest cars with only 40 units in the world.
Most Expensive Car Brands in the world:
Let’s take a look at the most expensive car brands in the world.
10. Mercedes-Benz:
Mercedes-Benz is a synonym with luxury, and its vehicles are often regarded as status symbols. It is a division of the German company Daimler AG. Mercedes-Maybach and Mercedes-AMG GT black series have been its world renowned models associated with luxury.
Though it has various models with various price points, its logo on any car would be like a star on the shoulder as a status symbol. The most expensive Mercedes-Benz is the 300 SLR Uhlenhaut Coupe which was valued at 1200 crore rupees.
9. Pininfarina:
Pininfarina is an Italian car design firm and coachbuilder founded in 1930 by Battista "Pinin" Farina. The company has designed some of the most iconic cars and has worked with Ferrari, Alfa Romeo, Maserati, Rolls-Royce, and others. It gained prominence in the automotive industry after working with Ferrari.
Pininfarina has designed Ferrari 250, Ferrari Testarossa, Ferrari F40, Alfa Romeo Spider, Maserati Quattroporte and others. They have also worked on projects like luxury yachts, high-speed trains and private jets.
8. Aston Martin:
Aston Martin was founded in 1913 by Lionel Martin and Robert Bamford. The British car manufacturing company is known for its timeless elegance, high performance and exclusivity. The name of this brand is associated with racing and has produced some of the most iconic cars in the world. Its model DB5 has been closely associated with James Bond and is one of the most desirable models of the brand. Aston Martin manufactured their first sports cars called Vantage and Valkyrie in collaboration with Red Bull.
7. Ferrari:
Ferrari needs no introduction! It is the most prestigious name in the world of racing. Ferrari is associated with speed and high performance. Owning a ferrari is often considered a status symbol. The horse logo is definitely going to turn a few heads around in fascination because it represents the racing heritage.
6. McLaren:
The youngest car brand in the list of most expensive car brands is McLaren Automotive. It was founded in 2010 as a division of McLaren group. It has established itself as one of the renowned brands and owning a McLaren is directly associated with status. McLaren 720S, McLaren 570S and McLaren Senna are some of the models of this acclaimed car brand.
5. Lamborghini:
Lamborghini was founded by Ferrucio Lamborghini in 1963. The Lamborghini cars were a statement to their competitors Ferrari. With models like Lamborghini Huracan, Lamborghini Aventador and Lamborghini Urus SUV, the car manufacturing company has been successful in establishing itself as one of the most expensive cars brands to exist in the world.
4. Koenigsegg:
Koenigsegg is a Sweden based sports car manufacturer known for producing some of the fastest cars and technologically advanced vehicles in the world. Another young car brand founded in 1994, Koenigsegg has earned the reputation of producing vehicles that have pushed the boundaries of automotive engineering. Koenigsegg cars are often known to break speed records.
Models like Koenigsegg Agera, Ragera, and Jesko have shown exceptional performance on both road and track. The main emphasis of Keonigsegg is on handcrafted quality hence keeping the quantity of the vehicles less making them exclusively available eventually raising the value of the brand.
3. Pagani:
If you know about Pagani Zonda and Huayra, you would think pagani is well deserved to be in the top 3 most expensive car brands in the world. Horacio Pagani founded the company in 1992 to manufacture high-performance sports cars. They focus on exquisite craftsmanship, attention to detail and remarkable performance of their meticulously handcrafted model of cars.
2. Bugatti:
We all know Bugatti makes the most costliest cars in the world. With their most expensive model of La Voiture Noire which is priced at $18.7 million which is around 164 crore rupees bought by an anonymous buyer. The affordable models of bugatti namely, Veyron and Chiron are priced at around 11 crore rupees and 19 crore rupees respectively.
Bugatti was established by Ettore Bugatti in 1909 and has since become the synonym of speed and elegance. One of iconic and initial models Bugatti Type 35 which is a racing car has won over 1000 races and was at the peak of dominance in the motorsport competition in 1920s.
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Rolls-Royce:
The most expensive car is the Roll-Royce Droptail pricing at $30 million which is around 240 crore rupees. Rolls-Royce is attributed to producing the most expensive models making it the most expensive car brand in the world. The most affordable Rolls-Royce model Cullinan is priced at around 7 crore rupees.
What makes Rolls-Royce so expensive?
You will not get a Rolls-Royce until you place the order. They start building a customised car model once you place the order and it takes around 10 weeks to complete the model. And each one is meticulously handcrafted. The other factors that makes a Rolls-Royce one of the most expensive cars in the world are:
Customisation:
The exclusivity of the Rolls-Royce is maintained by its unparalleled customisation. Once you place the order you will be asked to choose from a palette of 44000 colours. You will get a customised shade if you want. The people at Rolls-Royce make sure you get your desired shade and each layer of the paint is hand-painted until the shade is acquired.
Only the last layer of the paint is done by robots. In fact there is a designated person to paint the sleek lines on Rolls-Royce and that is his only job.
Not only paint, they also customise the interior of the car ensuring to make additions as per the desires of their customers. From embroidery to fridge installation, Rolls-Royce makes sure their customers feel exclusive giving them an unmatched experience of driving in their vehicle.
Soundproofing:
Rolls-royce enhances the driving experience by adding serenity to the ride because of the quiet cabins. There is no unnecessary sound in the cabin to disturb you. It uses around 300 pounds of insulation inside the cabin and is capable of reducing noise by 9 decibels.
The road noise is further reduced with the use of continental tires especially made for Rolls-Royce. They deflate using a special type of form enhancing your ride.
Wheel Centers:
You know the brand is serious about their image when they make sure their logo remains as it is even when in movement. The logo of Rolls-Royce RR remains upside down even when the vehicle is moving.
Status symbol:
Spirit of ecstasy, the hood ornament of Rolls-Royce has been around since its inception. It has not changed much since then. Owning a Rolls-Royce is a status symbol because of its exceptional craftsmanship, luxury and prestige.
Final thoughts:
All in all, Rolls-Royce well deserves to be in the list of the most expensive car brands because it has successfully established itself as the prestigious symbol that every person would like to own as a prized possession.
FAQs
- Which is the most expensive car in the world?
Ans. Rolls-Royce La Rose Noire Droptail is the most expensive car in the world.
- What is the #1 car in the world?
Ans. Tesla model Y is considered the best selling car in the world making it #1 car in the world.
- Which car is the King in India?
Ans. Mahindra Scorpio is considered as the king of the road in India because of its size and build.