Luxury cars are large vehicles that intend to provide occupants with high levels of comfort, good quality of interiors, excellent driving comfort, and high-tech equipment. But these top-of-the-line features come with a higher price tag. For a lot of people, luxury automobiles are status symbols.

If you’re interested in luxury vehicles, you need to know about the different types of vehicles available in this segment:

• Premium compact class: These are entry-level luxury cars and are the smallest category among the luxury brands. These cars gained popularity in the mid-2000s after the introduction of entry-level models by European car manufacturers like Audi, BMW, and Mercedes-Benz. They were comparably smaller and costed lesser than the compact executive models.
• Compact executive class: These are also called compact luxury or compact executive cars. The luxury automobiles in this segment are premium but smaller in size than executive cars. While they are categorized as D-segment in the European classification, they are called “compact premium car,” “compact luxury car,” “entry-level luxury car,” and “near-luxury car.” in North America.
• Luxury sedan: Commonly called full-size luxury sedans or large luxury sedans in North America, this category of luxury cars is referred to as a “luxury saloon” or “luxury limousine” in Great Britain. An F-segment in the European markets and Oberklasse segment in Germany are the equivalents of this category. Most of these cars are the marquee flagship models, and so, they include the newest technologies in the automotive industry. Most of these models have a long-wheelbase which provides additional legroom for the rear seat occupants. Buyers also get high-quality standard features. Some of the most common examples of cars in this category are the BMW 7 Series, Cadillac CT6, Mercedes-Benz S-Class, Genesis G90, Lexus LS, and Porsche Panamera.
• Ultra-luxury: This category of cars is mostly recognized by their high cost (more than $100,000) and great driving performance. They have all of the top luxury features as well. Some of the examples of luxury automobiles in this category are the Rolls-Royce Phantom, Bentley Arnage, and Maybach 57. Most of the cars in this segment feature a V12 engine (also called W12 engines). Most of these vehicles are produced by brands that have a long history and legacy of manufacturing luxury cars. The exclusivity of the models gives them premium pricing as compared to luxury cars by a not-so-prestigious manufacturer that offer the same features. Note that exotic cars which offer high performance without luxury are not called ultra-luxury cars.
• Luxury SUV: These are also called luxury crossovers. This segment of luxury automobiles became popular in the 1990s. But vehicles that fit into this segment were sold as early as the 60s. They were marketed as station wagons and were used for off-roading. In the 90s, these vehicles were equipped with V8 engines, automatic transmissions, and luxurious car trims and equipment. Over time, this segment has seen the introduction of equipment like bucket seats, center console, sunroofs, steering wheels with seven-position tilt function, gold colored body panel trims and tailgate and leather upholstery as standard features. Some of the common examples of luxury crossovers are Jeep Wagoneer, and Lincoln Navigator, among others.