Why is the Ford Mustang so expensive in India?
The Ford Mustang, a beloved American muscle car, is notoriously expensive in India due to a combination of high import duties, taxes, and the car's niche market appeal in the country. Despite its iconic status, the Mustang faces significant challenges in the Indian automotive landscape, making it an aspirational purchase for many enthusiasts.
High Import Duties and Taxes
India's automotive market is heavily regulated, with high import duties and taxes levied on foreign-made vehicles. The Mustang, being a completely built-up (CBU) import, is subject to these hefty charges, which can account for up to 100% of the car's base price. This makes the Mustang significantly more expensive in India compared to its pricing in the United States or other markets. ,web>
Niche Market Appeal
The Ford Mustang, with its powerful engine, distinctive design, and cultural significance, appeals to a niche segment of car enthusiasts in India. However, this limited demand, coupled with the high costs associated with importing the vehicle, results in a premium pricing structure that puts the Mustang out of reach for many Indian consumers. The Mustang's exclusivity and status as a luxury performance car contribute to its high price tag in the Indian market.
Limited Availability and Dealer Network
The Ford Mustang is not widely available in India, with only a few authorized dealers offering the car. This limited distribution and lack of a robust dealer network further drive up the costs, as the automaker and dealers must account for the expenses associated with maintaining a small-scale operation. The Mustang's limited presence in India also reduces the potential for economies of scale, leading to higher per-unit pricing.
Maintenance and Servicing Costs
Owning a Ford Mustang in India can also be expensive due to the specialized maintenance and servicing requirements of the vehicle. The availability of genuine parts and the expertise of authorized service centers to work on the Mustang can add to the overall ownership costs, further contributing to the high price tag. ,
In conclusion, the Ford Mustang's high price in India is a result of the country's import duties, taxes, niche market appeal, limited availability, and the costs associated with maintaining and servicing the vehicle. While the Mustang remains an aspirational purchase for many Indian car enthusiasts, its exclusivity and premium positioning make it an expensive proposition in the Indian automotive market.
What is the price of Mustang in USA vs India?
The Mustang cost Rs 74.61 Lakhs. The same model was sold in the US for $32,100, which estimates to Rs 23.30 Lakhs when converted to INR.
How much does a Ford Mustang cost in India?
74.61 Lakh. It is available in 1 variant, 4951 cc engine option and 1 transmission option : Automatic. Other key specifications of the Mustang include a ground clearance of 137 mm. and The Mustang is available in 6 colours.
Why are cars so expensive in India compared to the USA?
Overall, the combination of high taxes, import duties, limited manufacturing scale, high cost of raw materials, and limited infrastructure are some of the key factors that contribute to the relatively high cost of cars in India.
Why are mustangs so expensive in India?
It's because our Govt Imposes a heavy tax on fully built vehicles(CBU) that are imported from other countries. So the total cost shoots up to more than 2–3x of the price in the US. but why doesn't the Govt want people to enjoy the luxury of such cars by imposing such a high duty?
Why is Mustang expensive in India?
It's because our Govt Imposes a heavy tax on fully built vehicles(CBU) that are imported from other countries. So the total cost shoots up to more than 2–3x of the price in the US. but why doesn't the Govt want people to enjoy the luxury of such cars by imposing such a high duty?
Is BMW cheaper in the USA than India?
Mercs and BMWs are like 40% cheaper in the US than in India.....
Can I buy car from USA to India?
The vehicle can only be imported from the country where it was manufactured or assembled. The vehicle must have been built and developed overseas. If you are importing a car, then it should be a right-hand drive. The vehicle must be brand new and should not have any history of being rented, used, or given out on lease.
Which country has the cheapest Mustang?
Yes, the new mustang is cheaper in Canada, at least before taxes. I love my Dark Horse!
Is Mustang cheap in the USA?
Here is the complete 2024 Ford Mustang® price list: Mustang® EcoBoost® Fastback: MSRP from $30,920. Mustang® EcoBoost® Premium Fastback:MSRP from $36,445. Mustang® EcoBoost® Convertible:MSRP from $39,020.
Why was the Ford Mustang discontinued in India?
The American brand ceased operations in India in 2021 due to low sales and financial losses in the highly competitive Indian automotive market. However, rumours about Ford's comeback gained traction when the company was included in the government's PLI incentive scheme for 20 brands in February 2022.
