UAE's average car turnaround less than half that of the US - The National
On average, motorists in the Emirates keep a car for about 5. 2 years, less than half the 11. 5 year average for vehicles in the United States, but much longer than drivers in Saudi Arabia who keep their cars for 3. 8 years before selling them. The average age of a vehicle listed for sale in the region is 5. 1 years, 6. 5 years in Asia, and 12. 8 in Africa, according to Carmudi, an online vehicle marketplace. “If you know it will be easier to sell your car if it is less than five years old because people can get financing, you are more likely to sell it before then and buy a new one,” said Mr Noweir, who added the UAE was an established used car export... The average age of Eissa Al Harthi’s cars – a Mercedes C63, BMW X5, Toyota FJ Cruiser and a modified Honda Civic – is four years, which while young is still older than his father’s vehicles. “My father, who got me into cars, values his more now and keeps them for at least two years compared to just the one before,” said the self-described Emirati petrolhead, 35. Mr Al Harthi said one of the reasons people opt for newer cars was the... Source: www.thenational.ae
