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Insight of the Day: Chinese billionaires are requesting cars that don’t exist yet

The article discusses the increasing demand for personalized modifications in the luxury automotive industry, driven by consumers' desire for customization and uniqueness. Key points include:

1. Customization Trend: Luxury car brands like Rolls-Royce, Bentley, and Aston Martin are offering extensive customization options to cater to high-paying consumers. This includes unique colors, custom interior features, and personalized trims.

2. Bespoke Vehicles: Companies like CasminGroup.com are facilitating the creation of bespoke hand-built vehicles for wealthy clients, including Chinese billionaires. These vehicles are often completely unique and may not exist elsewhere.

3. Investment Value: Many of these customized cars are viewed as investment pieces, with high resale values. This trend is attracting wealthy individuals, including those in their 20s and 30s, who see customized autos as a reliable investment opportunity.

4. Blurring Art and Luxury: Experimentally modified vehicles are blurring the line between art and luxury cars. Some bespoke cars are considered works of art and are displayed in glass cases rather than being driven on roads.

5. Impact on Luxury Industry: The rise of customization is impacting the luxury automotive industry, with brands needing to increase their offerings of bespoke and limited edition features to meet the demands of niche collectors.

Overall, the trend towards customization in the luxury car industry is reshaping consumer expectations and investment opportunities, with unique and personalized vehicles becoming increasingly sought after.


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