During your trip to Dubai, you may have seen multiple calls about cars for sale. It is quite common and relevant as the business city has vehicles. But, the prices offered under Ferrari for sale in Dubai ads are unbelievable. These are cheaper than anywhere else in the world. Here are a few reasons to note down.
Manufacturers are bound to offer discounts on new cars
Based on the regulations set up by Dubai authorities, the manufacturers are bound to offer discounts to new car buyers. It is the reason when you buy a new car here, and you will get a discount and price reduction.
Huge float of cars in the market
The car market in Dubai is one of the active markets as a whole; people here are fond of cars and have a need. Not only the residents but businesses and corporate firms are big car consumers. The supply is equally fast and rapid based on the massive car demand and consumption. Resulting in a huge difference in the offer prices of the vehicles for the people. The car manufacturers see Dubai as their target market and introduce variant discounts there.
Fewer taxes and duties
Dubai is a duty-free zone, and for the vehicle manufacturing industry, it does have lesser taxes than anywhere in the world. Since the purpose of the city is to promote trade and business, it offers numerous relaxations on taxes and duties. Resulting in lower prices of cars and other stuff in availability. It turns out to be a major reason you can get the cars like Ferrari at a fairly lower price in Dubai compared to any other country in the world.
There is a catch!
No matter if the car prices here in Dubai are lower, their maintenance is not. Every car owner has to pay heavily for car maintenance. It is the reason they do not hold on to one vehicle for too long. People rarely invest in long-term maintenance or damage fixing. The natives here are fond of buying new cars instead of fixing the old ones. It is another reason that expats can have these cars at lower prices from dunk yards for repair, export and more.