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Why do people in Dubai have expensive cars?

Maria James by Maria James
May 18, 2022
Why do people in Dubai have expensive cars?

Modern blue coupe sports car in showroom with big windows. Front view. 3D illustration

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Dubai is a city of car lovers. the craze of supercars in Dubai is unbeatable. People here are extreme fond of exotic cars, and this can be easily seen on the roads of Dubai. also, the traffic, highways, and roads are quite favorable for driving such beast in an enthusiastic way. Moreover, Dubai luxury car rental is making it even more feasible for common people and traveler to get their hands on superfast luxury cars to fulfil tehri dream.

Now you must be thinking why most people in Dubai have expensive cars. so, the answer is when the oil has been discovered in 1958 in Dubai, the lifestyle and economic conditions started to boom. And they worked hard to improve infrastructure. Construct skyscrapers buildings, beaches, and obviously the supercars. As they can easily accommodate the expense and other requirements of beast. Cars here is really inexpensive if you go for used car as compared to any other city of the world. and these used cars are barely used for few kilometers by their owners.

Reasons of plenty of luxury cars in Dubai:

As we discussed above including those facts and figures. there are few more aspects that shows the luxury cars availability in Dubai quite obvious.

Cheap luxury cars in used condition:

You can easily find out luxurious brands in used condition. And the prices are quite low as compared with the new car rate. And majority of people prefer to choose used car for better value for money. Such cars will fulfil their crave for luxury ride and not so heavy on pockets as well.

Available car loans

Whole procedure for owning or purchasing a car in Dubai is easy and straightforward. Many banks offer car loans on easy installments plans. And interest rates are relatively low. This makes it easy for any individual who earns handsome amount can easily own a car.

Insurance policies are affordable

You are required to get a third-party insurance in Dubai. which is quite economical. And the rates of insurance will vary as per the car model, class, range is increased.

Minimum taxes

Dubai is offering amazing policies for the residents. By ensuring no income tax in Dubai since 2019. Also, the VAT rate is so minimum which is around 5%.

Oil/ fuel rates are low

As we know, Dubai has own fuel or oil resources. That is why the prices are affordable. For most people this is not a problem for high fuel consumptions cars as well. And they can easily go for luxury cars. and they have few free charging points for electric car all around Dubai.

Abandoned cars from owners

You can find so many abandoned cars in Dubai which is let by their owners and government will auction them every year. These cars are left behind for so many reasons it could be leaving country, bankruptcy, confinement, or impoundment of assets.

Safe and secure environment

Theft rate in Dubai is almost zero. And that is because of strict rules and laws of the state. so, there is no stress during purchasing of luxury car that it will get stolen or damage.

Road conditions are excellent

One of the major factors of so many luxurious cars in Dubai is the roads and traffic system is up to the mark. Low ground space and driving is not an issue in Dubai. More than that there are a lot of best car rental company in Dubai who offers luxury and superfast cars in reasonable price on rental basis.

Style statement

Many folk loves to own an expensive car just to make a stylish statement and cool dude impression on other people around them.

So, now your query, why do people have expensive cars in Dubai is clear. Get in touch with us to learn more about luxury rental cars in Dubai.

 

 

 

Tags: expensive cars
Maria James

Maria James

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