Used Car Demand Grows Beyond Crisis

Used car dealers in the UAE continue to report strong demand, despite an expected return to positive growth for new vehicle sales in the region of 8.5%, according to BMI forecasts for 2010. Dealers have cited a drop in prices for second-hand cars, as well as an appreciation of the cost savings in buying a used vehicle as reasons behind the growth. BMI believes this is attached to the wider growing acceptance for volume brands and smaller cars in the country, which was also cultivated during the crisis and still

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