Here’s Why Luxury Cars Are So Common in the UAE

Ever wondered why it’s so easy to find a luxury car in Dubai? Many people in the emirates rent or own these cars quite easily. Find out the reasons behind it.

Dubai is a desert city where you can easily find some of the most expensive luxury vehicles in the world parked at traffic lights or prowling the streets. Some of the most modern and expensive luxury cars and supercars can be seen in the parking areas outside the malls. Visit any car rental agency and you will find the latest supercars available for rent. For example, it is not difficult rent Climbing in Dubai and other luxury vehicles.

In general, the UAE lifestyle is quite friendly to the wealthy life. This is due to a variety of factors. Speaking specifically about cars in Dubai, cars have become something of a status symbol for many. In fact, they are a reflection of the owner’s lifestyle. While most people can only dream of driving a Jaguar or Porsche, in Dubai it is relatively simple to own a sports car.

But how do you do it? How can so many individuals have such easy access to such an expensive vehicle? This is what we are going to learn today:

Low Income Tax

As the UAE has no income tax, anything you do is entirely up to you. Value added tax (VAT) is only 5%. As a result, individuals have more discretionary money.

Low crime rate

The UAE is known as one of the safest places to live in the world. The crime rate is minimal, and car theft is also low. The restrictions and sanctions are so strict that thieves fear the repercussions if caught. As a result, you rarely hear of robberies or individuals having their automobiles stolen or destroyed.

affordable fuel

Abu Dhabi, the capital of the United Arab Emirates, contains 95% of the country’s oil reserves and 9% of the world’s proven oil reserves. As a result, compared to other countries, gasoline costs are quite low. This makes it more affordable for people to own automobiles because gasoline expenses are not that high.

affordable insurance

If you’ve been driving for a while, you’ll notice that the UAE offers relatively affordable insurance prices. As a result, insuring your luxury vehicle is slightly more expensive than insuring a standard vehicle, although not as much as in Europe. One of the main reasons why so many people in Dubai and the UAE buy luxury automobiles is because of this.

well paid jobs

In the UAE, most white-collar occupations pay well. If you are adept at salary negotiation and competent, you can find a well-paying white collar job in the UAE. This will allow you to easily buy the car of your dreams.

The growing trend of buying used/used cars

Most Dubai residents have a higher quality of life than most in the world. A new luxury car, as we all know, is very expensive. However, over the course of the first two years, these automobiles depreciate rapidly. For example, if you buy a premium car for AED 390,000, it will only be worth AED 250,000 in a few years. That’s a significant decrease. As Dubai is home to a large number of expats, most of them choose a used car to save money.

In fact, used cars have become the preferred mode of transport for most in the UAE as having a means of transport is inevitable if you live in Abu Dhabi or any other emirate. The abundance of used car companies and internet platforms has made it possible for anyone in the region to own a vehicle. Not only do they provide regular cards, but they also offer premium sports and car alternatives.

Luxury cars are easily available for rent.

Although many people in the region have their own cars, not everyone can afford to do so. In the UAE, renting luxury cars is quite popular, especially among visitors. It allows them to explore the city and live a completely luxurious lifestyle during their stay with maximum comfort and convenience.

There are many car rental agencies such as One click unit, where you can find “car rental packages” depending on your need and requirements. For example, some rent luxury cars for special occasions, while others may have them for a short trip around Dubai. It all comes down to your personal choice. However, keep in mind that renting luxury vehicles can be very expensive. Fortunately, some car rental agencies offer affordable packages that you can choose to drive a luxury car without breaking the bank. Please be aware here that if you want to drive the car you will need to present a valid driver’s license.

Here it is! These are some of the main reasons why you will find luxury cars in abundance in the UAE.

Also published on Medium.

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