G20 Summit skyrockets Delhi's luxury cars demand: Rentals reach up to Rs 1 lakh per day
A rental agency revealed that they are renting Mercedes Maybach at a starting rate of Rs 65,000 for an eight-hour rental encompassing up to 80 km of city driving. The travel agencies highlighted the escalating demand for luxury vehicles like the Mercedes S Class, BMW 7 Series, Mercedes E Class, BMW 5 Series, and their equivalents due to this summit.
Notably, even upscale SUVs like the Mercedes GLS and Audi Q7, as well as vans including the Toyota Commuter, Toyota Coaster, Mercedes Sprinter Coaster, Mercedes Sprinter, and Force Urbania, are experiencing unprecedented popularity.
Agencies disclose that full-day rentals are currently priced between Rs 30,000 and Rs 50,000 for a Mercedes E Class, and Rs 65,000 to Rs 1 lakh for the S Class.
India, as the host country, has committed to providing each embassy with a Mercedes S or E Class, two Innova Crystas, a Toyota Commuter, and a van for the G20 Summit. Despite this, insiders from the tour industry reveal that the demand significantly surpasses the provided resources, compelling embassies to source additional vehicles from the market.
In response, rental agencies are informing embassies that vehicles sourced from other cities would incur extra costs, given the transport department's task to meet these expanded requirements. Some embassies reportedly need up to 100 vehicles to satisfy their mandates.
The impact of the G20 Summit extends beyond its official conclusion on September 10.
The tourism sector foresees a ripple effect, envisioning continued demand from delegates for travel to other Indian cities post-summit. This phenomenon has even prompted collaborations between embassies and rental operators for sightseeing trips and hotel accommodations, further amplifying the
. Read more on economictimes.indiatimes.com
