Yesterday’s news is yesterday’s news. As recently as a year ago, the UAE automotive market was ahead of all its regional peers and was being rated as one of the fastest growing markets in the world, according to BMI’s UAE Automotives Report. In talking about cars dubai or autos dubai , automotive sales in the UAE increased by 37percent year-to-year in the first half of 2008, recording the highest growth among the markets of the Gulf. It appears that the market for second hand cars is also following suit. In a country where the cost of living is accelerating, the shift has been towards used cars dubai and buy a car dubai has been less and less visited by expatriates. Both locals and expatriates have been attracted to the lucrative second hand market that has popped up in recent times, fueled by the reality that about 3000 cars have been picked up at the airport after being left there by leaving expatriates. Most of them bear notes of apology, used credit cards and keys in the ignition. Dubai car dumps already have the reputation of being one of the most exquisite in the world. Even Mercedes, Porsches and BMWs have been put up for auctions. There are reports that 1500 visas are being cancelled daily. All this spells opportunity for car dealers dubai and even those car enthusiasts that want to buy cars online dubai. In fact the same holds true for autos abu dhabi, dealers abu dhabi and those who want to buy cars online abu dhabi, or just use the uae autos websites to see what are the trends and what is available. Thus one man’s loss becomes another man’s gain. With all this frenzy of activity in the dubai auto market and the abu dhabi auto market, it is sensible to expect price discounting in what is quickly becoming an increasingly competitive market. All in all, in terms of sales and resale value, the Arab mindset insists that U.S manufactured vehicles will continue to hold an edge over European and Japanese models.
The market for used cars in Dubai is looking more and more attractive. In fact it holds some value both for the normal car enthusiasts as well as the sporty car aficionados. While in the past it was the Arab youngster’s pride and joy to show off the latest model to his friends and relatives, it is not unheard of today that he has bought a second hand, almost new, barely used model for a bargain price at the auctioneers. In fact it is getting to be a lucrative practice and many car enthusiasts and dealers are hooked to these opportunities.
What is also a joy to predict is that with the loads of expatriates and temporary workers alike leaving the shores of Dubai, it is highly likely that there will be less clutter and traffic jams on the roads. This will do quite nicely for both fast car and fast motorbike enthusiasts, who have been prevented from showing their skills hitherto both by the Law and the traffic snarls that were a feature of the morning and evening rush. Dubai, here we come.
