Luxury Vehicle. A luxury vehicle is intended to provide passengers (and often the driver) with increased comfort, a higher level of equipment and increased perception of quality than regular cars (such as economy cars, which are intended as basic low-cost transportation devices) for an increased price.
PST On Vehicles. For tax purposes, a passenger vehicle is defined as a motor vehicle designed primarily as a means of transport for individuals. For example, trucks and vans larger than three-quarter ton, camperized vans, motor homes, buses and motorcycles with engines of 250 cc or less are not passenger vehicles.
Best Luxury Car Buying Guide. Luxury Vehicle s are available in sedan, coupe, convertible, and SUV body styles, and in a wide variety of sizes and shapes within those categories. Luxury vehicles typically represent the leading Luxury Vehicles. Coverage for luxury vehicles. Certain luxury vehicles that are considered to be high-value vehicles are charged higher Basic Autoplan insurance premiums, as of January 8, 2017.
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