Now this ought to get Tea Partiers outraged...if they lived in India. Now that India has a rapidly rising market for high-class items, exclusive automakers are seeking to enter the indian market.
For those living in India and are wealthy enough to afford a Bugatti Veyron, you may want to think twice about your country of residence.
In accordance with Indian Tax laws, the mighty Bugatti Veyron will carry 110% import tax. Like all other imported items, India forces buyers to pay heavily for their indulgent toys.
So let's do a little math: if Bugatti Veyron sells for around $2.24 million USD, add that painful tax percentage, and you're looking at $3.6 million USD(160 million rupees).
Bugatti joins the auto market with Rolls royce, Jaguar and Land rover already selling quite well. Ferrari is also planning to import the California hardtop in the near future.
Sounds expensive? yeah, well, it sure beats driving a Tata Nano.
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