'The used car market in the UAE is worth around US$2.5 billion in business and it is growing by a strong 15 per cent annually'.
It’s not just new cars that are being driven off from dealerships across the country, sales of used cars too are also picking up.
“The used car market in the UAE is worth around US$2.5 billion in business and it is growing by a strong 15 per cent annually,” according to Kerem Kuyucu, the managing director of Carmudi Middle East, an online marketplace for new and pre-owned cars.
The classified ads website Dubizzle has also contributed to the growing phenomenon.
Al Futtaim Automall, a leading pre-owned dealer with eight showrooms, has experienced a mighty 30 per cent increase in sales volumes over 2013.
Click here to read more