Rolls Royce, Aston Martin, Range Rover just got cheaper! Here’s why

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If you have been get yourself a super car, this is the right time. Rolls-Royce, Bentley, Aston Martin, Range Rover and Ferrari have cut prices in India by Rs 20 lakh to more than Rs 1 crore, passing on the benefits from the pound sterling's dive post Britain's decision last year to exit the European Union.
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According to the Economic Times, Brexit has made the pound drop by 20% against the rupee in less than a year, making exports to India cheaper for UK-based manufactures and companies that bill India sales in the British currency, such as Italy's Ferrari. They cut prices by 5% to 15%, hoping to attract more buyers for their marquees in a country that is home to the third most number of billionaires

“The marksituation is very positive. All uncertainties have gone away, with a relatively stable government (in India) and benefits of currency depreciation being passed on,” Sharad Kachalia, director at Navnit Motors that imports Rolls-Royce and Ferrari cars in India told the ET.

"We are looking at a much stronger year for the overall supercar market, especially for completely built imports,” he added. He cited currency hedging contracts that companies like Rolls-Royce had previously entered into for them to delay the price revisions, though the pound has been depreciating over the past year.

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