Remix: The Pros and Cons of Buying a Brand New vs Used Car in Dubai
Description:
Buying a used car in UAE Dubai is the preferred choice of the ones looking for a budget friendly and useful car. For the best used car deals check out OneClickDrive.
Buying a brand-new car or a used one in Dubai is totally up to your budget, preference, and priorities. The used cars in Dubai market most definitely have a lot to offer regarding the range of choices in affordable costs and lesser depreciation. A brand new car also has its own share of advantages too. As a guide to make the best decision, give this article a read.
Used vs New Car Purchase in Dubai
A comparison between used cars and brand new cars in Dubai is given below:
Cost and Depreciation
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Brand New Cars: New cars in Dubai have greater prices since they are new, their virginity intact, and fully accessorized. Also, the rate of its depreciation can be observed to be very fast-as high as 20-30% in the first year, which counts for a huge cost.
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Used Cars: The idea of buying used is most practical due to affordability. Used cars, since they have taken the biggest hit in their depreciation, allow you to buy at rates much cheaper than when it was new. Due to this reason, used cars become more feasible for buyers.
Financing and Insurance
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New Cars: Most car dealers in Dubai come up with very attractive financing plans, fewer interest rates, and special benefits like nil depreciation insurance for brand-new vehicles. The only downside here is that because the market value of a brand-new car is higher, the premium on insurance is higher.
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Used Cars: The facility of financing is available for used cars, too, but at a marginally higher rate of interest. On the other hand, used cars enjoy lower premiums since their market value is low, hence they tend to save money over a period of time.
Customization, Personalization
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Brand New Cars: When it comes to purchasing a new car, buyers have various choices to make for the model, color of the interior of the car, among other features. Thus, it's personal in nature.
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Used Cars: Second-hand cars have the disadvantage that they are sold as seen, and you have limited personalization options. You can, however get a luxury or a limited edition that may not be so accessible as new.
Readiness
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New Cars: You may experience some waiting list for particular new models, especially when the new car requires some personalization.
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Used Cars: You can buy a used car anytime, and it is ready; you drive home with it the same day your transaction is closed.
Apart from the above-mentioned aspects, consideration of budget is also an important part of car purchasing. The new car prices in Dubai may not be within the reach of all. If that be so, then your needs and budget will best suit buying a used car. Whatever used car model you need, you can access quality used cars with competitive pricing through OneClickDrive as your trusted partner and guide.