Cars for Sale, Rent and Hire in Dubai, UAE - 8Keyz.Com
|Submitted on: Mon, 08 Oct 2012 06:25:39||Views: 297|
Dubai is the second largest of the seven emirates which make up the UAE; located on the southern shore of the Arabian Gulf it has the largest population in all of emirates, after Abu Dhabi. Dubai and Abu Dhabi are the only two emirates who hold veto power over critical matters of national importance in the country's legislature.
Dubai City is a Hub for Business and has emerged as an Alpha City. Although an Economy based on oil industry, the emirati model of Trading drives its economy. Now similar to the Western countries the source of main revenues is generated from tourism, real estate, financial services etc. As a thriving business hub, the government has set up industry-specific free zones that continue to attract business people.
Within the UAE, Dubai has the market lead when it comes to vehicles. It has 50% of the vehicles stock in all of UAE. Middle East in general and Gulf Cooperation Council (GCC) in particular is a fast growing market for automotive industry. The region has a high ratio of cars per household. Only a very small percentage of Dubai residents use public transport. The public transport network faces huge congestion and reliability issues.
Although the UAE is regarded as a major premium cars destination, the budget car sector has also shown significant growth recently, as buyers are becoming cost conscious during the Global Economic turmoil. The Gulf countries are among the most competitive countries in the Middle East when it comes to luxury car sales. Along with the luxury car sales comes the luxury car rental segment where people are satisfied in just taking a High end rent car out for a spin rather than making a hole in their pocket buying them. Best car rental facilities are available to help the customers based on their requirements.
The UAE has positioned itself as a regional exporter of used cars in the Middle East, but the economic downturn has helped the used cars to become more desirable. New cars are still preferred but the market for used cars has shown remarkable growth. Cheap Used Cars are preferably the most reasonable choice a person can make if they prefer to own a car. Used car dealers are popping up everywhere to conquer this new avenue that shows tremendous potential. Dubaiâs Used Car Complex hosts nearly 200 showrooms, offering a single place for customers to purchase vehicles. Cars for sale are kept in these showrooms and many more like them. The UAEâs car rental companies are becoming more competitive, with firms reducing charges to encourage drivers to rent cars instead of buying them.
Cheap Car rental are available based on the competitive attitude in the market. Car rental companies know that cheap car rental is the only factor that can win the war of survival in this business. Monthly car rental facilities are offered which gives the customer an option to make payments monthly and forget about the car related duties. Long term car rental services eventually make the customer feel like he owns the vehicle without the financial burden of car loans. Discount car rental facilities which discount rent a car are more like the peopleâs choice these days. They offer cheap rent a car to those who are looking for affordable deals. For those who are in a hurry fast car rental services provide fast rent a car so that they can drive away with the car with the least amount of delay. Car hire is for those who are not interested in buying a used car or renting one. Cheap car hire facilities will get you to your destination with the least amount of effort and money.
As automobile industry is becoming Progressive, the level of competition is increasing exponentially. The Production process is being shifted from the developed countries to the developing countries, to take the advantage of low cost of production. This in turn creates a bigger market and cheaper and more competitive prices.
The relatively high living standards in GCC countries, the lower oil prices compared to the World average, their booming economies and their growing populations are the driving forces behind the growth of the automotive sector in the UAE and the gulf region.
No matter how fast you run, you canât run forever. You will eventually need a ride. Jokes aside, we can conclude that the automotive industry is going to be booming for the foreseeable future and the needs and fantasies of the man ever rising.
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