Luxury cars are often attributed to the ultra-wealthy. However, not all the financially well-off aren't willing to spend for them. That tells us why there have been debates on whether to buy luxury cars or not. Online forums weigh up the pros and cons of investing in them. 

Among the perks, a luxury car gives one a status and image few other things do. A person may own a posh bungalow, but it's what he drives reveals his identity in his town. 

People gaze at dazzling exotic cars at traffic signals which spark a conversation about the occupants. 

Though premium and luxury cars are spoken of in the same breath, luxury cars often refer to exotic cars. In a country like India, imported stuff always draw much attention.

An exotic car commands respect from friends, neighbours and strangers alike. The usually tough-talking traffic police can be seen being kinder to a luxury car owner. 

A luxury car also gains an easy entry into banquet halls whereas ordinary mortals are stopped at the gate. People often say owning an exotic car help them present themselves better and may even help strike a deal in business circles.

Finally, if you have it, then flaunt it. Buy a luxury car or you can go for rentals.