UAE Car Sales See Recent Surge
The sales of UAE cars have recently increased, according to an H1 – report. The UAE now accounts for 40% of the GCC’s luxury car market. It was reported that car sales went up by 37% during the first 6 months of 2008, a surge said to be backed by population increase and strong economic standing. This growth rate was 13% more than that of the full-year for 2007, a fact that marked a definite and perhaps surprising increase in sales.
The UAE recorded sales greater than 296,000 cars in 2007, and compared it to the 239,000 sold the year before that! This information indicates there is a marked increased for 2008.
This luxury segment represents 24% of the market by value and 12% by volume. One of the contributing factors to this is the number of imports sold each year in luxury cars from the UAE. Many people are deciding to purchase UAE cars because of their affordability, and this isn’t expected to change any time soon. Now it is easier than ever to purchase UAE cars from anywhere in the world.
The Internet has made it possible to search quickly and with ease, contact your dealer of choice, and make your purchase. Whether you are planning to stay in the UAE for any extended period of time, or just wish to buy a UAE car, you will be able to choose from the latest makes and models, and often times find them for unbeatable prices.
The continued interest in UAE cars both from buyers living in the UAE and residing in other countries will only serve to further boost sales. The end of the year will reveal a report for the second half, and though it remains to be seen just how much sales increased over this second half, the great increase of the first will help keep sales at a record high.
