Dubizzle-listed used cars' value hit AED 20.5bn in 2017

Dubizzle-listed used cars' value hit AED 20.5bn in 2017

Mubasher: The online marketplace Dubizzle Motors was listing a car every two minutes during 2017, according to the UAE's classifieds platform’s annual report.

About 54% of the listed used cars were under 5 years old, while 57% of them have been driven less than 100,000 kilometres, the report found.

In 2007, about 26% of the platform’s visits were to the used cars section, which contains a total of 227,989 cars listed for sale.

The average price of the used car listed on Dubizzle Motors reached AED 90,000 per car, bringing the total value to over AED 20.5 billion.

The report also showed that each listed car received an average of 40 inquiries from potential buyers whose favourite features were keyless start, parking sensors, Bluetooth systems, leather seats, and premium wheel rims.

Most searched brands Toyota, Nissan, Mercedes, BMW, Ford, and Porsche, the regional prominent sale platform concluded.

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Source: Mubasher