All you want to know about the used cars in the UAE
Are you Ready to sell your used car in the UAE? Then you are in luck! Today, you don’t have to look up individual buyers, rely on outdated estimation techniques and travel across cities to find a buyer for your used car. At wecashanycar we offer you a hassle free and convenient way to cash your car in UAE.
How big is the UAE used car market?
The used car market in UAE has been growing steadily in the last 5 years. The market size has seen a single-digit growth between 2015 and 2020 coupled with a boost in the value of pre-owned cars and a decrease in the average span of car ownership. As of the last quarter of 2019, the UAE used car market had grown to a whopping Dh11.2 billion making it superbly easy for a car owner like you to sell your car for cash in UAE.
What factors contribute to the rise in the number of used car buyers in the UAE?
After the sharp drop in oil prices affecting the global economy, there has been a decrease in the demand for new cars. It has resulted in the increase in the sales of second-hand cars in UAE. The previous 5 years have seen a steady growth of the pre-owned car market in both Dubai and Abu Dhabi.
Multiple market analyses have revealed that buyers are searching for used cars for sale in Dubai between four and ten times more frequently than brand new ones. These factors have made selling pre-owned cars for cash in the UAE to buyers like wecashanycar easy and seamless for all car owners
Which are the most sold used cars in the UAE?
Currently, Toyota Corolla (2015) is the most-bought car model at wecashanycar for cash due to its low maintenance cost and high fuel efficiency. The second most commonly bought pre-owned car brand is Nissan.
wecashanycar has served over 100,000 customers in 2019 and the total valuation of the cars inspected touched crossed AED 1 billion the same year.
Finding authentic buyers for your used car in Dubai, especially if its a used car, and you are in need of cash urgently, is no longer a hassle. You can easily avoid fraudulent parties by opting for us, which guarantees convenience, hassle free process to cash your used car.
Why are people holding onto their personal cars for longer periods in the UAE?
Finding used car buyers for cash in UAE has become significantly effortless since 2015, as the depreciation rate for pre-owned cars has slowed down considerably. People are not looking at the total ticket price of a new vehicle, but they are considering the affordability of the monthly rates, which they can pay more comfortably to an authorized dealer of used cars for sale in UAE.
It is indeed great news for the consumers since they can now enjoy higher sales value for their used cars. Doing business with us has made it possible for consumers in the UAE to get expert-guided inspection and the right valuation of their pre-loved cars in the current market.
wecashanycar is ready to give the best valuation from our experts, no matter what make or model of car you want to sell for instant cash!
For more, Visit Us: https://wecashanycar.com/en/home