Used Car Market Suffers From Credit Restrictions

A report quoting used car dealers in Qatar shows that while the market is in a slump, there have also been changes in its dynamics. One of the most noticeable, according to the report in The Peninsula newspaper, is that the most prolific buyers of used cars are Indian ex-pats arriving to the country. While there are still buyers from Saudi Arabia, dealers claim that they could be re-selling them at home as used cars in Qatar are cheaper, but even then there has been a slowdown in activity since the Eid Al Adha

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