Here is what the used car market in the UAE looks like
So a few days ago, the kind folks at Dubizzle, sent us a little infographic about the used car market in the UAE based on data recorded during the first half of this year. Now, considering Dubizzle has pretty much become the go to standard for anyone looking to buy or sell anything under the sun and more importantly cars, we thought we had to share this with our readers. Gone are the days of flipping through the Gulf News classifieds looking for a good deal. Dubizzle is by far the quickest and easiest way to buy or sell a used car.
As we are in the month of Ramadan, like every year, this is probably the best time of the year to pick up a brand new car with every car dealership having some kind of ‘deal’ or offer on their cars. For the rest of the 11 months, buying a second hand car makes a lot more sense as you can get a car that is as good as brand new while letting the first owner take the hit of depreciation the moment he/she drives the vehicle off the showroom floor.
So here it what the statistics over the last 6 months of this year say. It is no surprise to see the top most advertised brands are Toyota, Nissan, Mercedes-Benz and BMW. The Japs have long ruled the UAE’s affordable auto market while Mercedes and BMW held their ground in the luxury car segment. Not so surprisingly this trend has passed on to the used car market. Also, the regions obsession with SUVs clearly shows with the number of SUV’s being advertised is more than half the number of sedans advertised. ‘Distinguished’ number plates have long been a desirable car accessory in the UAE and Dubizzle offers a platform to cater to that thriving market.
As an automotive website, we are obliged to give you car buying advice. So here goes, if you’re a buyer in the second hand market, you will have most luck finding a white colour Toyota of your choice. If you’re a seller, be ready to fend off competition from other Toyota, Nissan, Mercedes – Benz and BMW owners! Okay, not exactly car buying advice, but we’re sure you found the infographic interesting.