UAE’s auto market has witnessed the fact the market of used cars for sale in UAE is showing rapid development. For almost last five years; the market of used cars for sale in UAE has shown a firm increase and has become one of the largest used car markets in the Middle East. In fact, used car for sale industry in UAE is probably three times bigger than new cars for sale industry in UAE. Being in the fastest lane; the industry of used cars for sale in UAE continues to capture the attention of buyers. Going by the facts and figures, it came to know that there is around 30 percent year-on-year rise in the sales of used vehicles in UAE. This rapid increase in used cars for sale market gives a clear picture that there are no signs of a slowdown in the markets of used cars for sale in UAE in coming years.

Reasons for Growth of Used Cars for Sale in UAE

There are of course many reasons for buying used cars as today large pool of buyers are spending their money happily on used cars. If you go for used cars you can actually reap heaps of benefits. Below are the few reasons that contribute to the development of used cars market and make it comparatively dominant over new cars for sale market in UAE.

Used Cars are Easy to Afford

Obviously, buying a new vehicle is far more expensive than buying a used one. Statistics revealed that the price gap between new and used vehicle is around Dh74000. Therefore, the price is probably the single best reason that attracts buyers to opt for second-hand cars and that ultimately results in the growth of used cars for sale market in UAE. Moreover, used cars are easy to afford in a sense that used cars have low registration and insurance fee. They aren’t subjected to any taxes as well. Leaving you with a good amount of money to save; used cars are probably the best choice for those who cannot afford to buy a brand new car.

Depreciation Advantages

Every one of you agrees with the fact that new cars lose the value by thousands of dirhams as soon as they are driven off the lot. But this, of course, is not the case with second-hand cars. It is estimated that new cars lose 40% of their value during the first year. Used cars do depreciate but in far less time and value than new cars.  Then, of course, depreciation is another big plus that contributes to the prominence of used cars for sale market in UAE.

Variety of Used Cars for Sale in UAE

Do you have an eye on 2010 Porsche or 1979 Ford? If you are looking for particular, the classic car then definitely you are not going to get it in new condition. If you decide to purchase used car then you are not only limited to the specific models that are recently being launched but you can have a wider selection to choose from.

To purchase a used car in UAE is no more a big deal as buyers today have a plenty of knowledge about used cars right at their fingertips.

Take the advantage of growing market of used cars for sale in UAE and have your hands on maximum profit. So, try our online calculator for getting better value of your car.