Loading...

23 May 2024 20:48

Advertising & Marketing

SellAnyCar.com’s Introspective Comparison of Used Car Brands in the UAE by Market Share and Age

SellAnyCar.com has conducted a detailed research on the used car brands in the UAE in terms of their market share and age. SellAnyCar.com is the largest car buying company in the UAE and with the help of internal physical inspection data of the cars collected for over a period of three years; it has come up with a thorough research that clearly depicts the leading car brands in used car market of the UAE on the basis of market share and age. This research also tells car sellers about the reasons for difference in used car prices for various cars. 

Let’s have a look at the results of research conducted by SellAnyCar.com for the analysis of car manufacturers and brands in the UAE used car market.

Top Used Car Manufacturers in the UAE by Market Share and Age 

The results of this study highlight the names of the most successful used car manufacturers in the UAE based on their market share and age. The UAE used car market is quite diverse and has given opportunity to a wide range of manufacturers from all over the world to establish their reputation in the region. 

Top Car Manufacturers by Market Share 

On the basis of market share, Japanese car manufacturers enjoy a significant lead over the other popular car manufacturers in the used car market of the UAE. German car manufacturers are second on the list. 

Let’s take a look at the percentages for market share of the top car manufacturers in the UAE:

•Japanese: 37.6%

•German: 25.5%

•American: 19.7%

•Korean: 7.5%

•Other European: 5.8%

•British: 3.7%

•Other: 0.1%

Top Manufacturers by Average Age of Used Cars

When a comparison was compiled for the top car manufacturers in the UAE on basis of the average age of a car by regional manufacturers, the results drifted towards British car manufacturers who topped the list with 7.3 Years. The Korean car manufacturers came last in this list with their average age being 4.3 years. 

•British: 7.3 Years

•German: 7.0 Years

•Other European: 6.6 Years

•American: 6.4 Years

•Japanese: 6.3 Years

•Other: 4.5 Years

•Korean: 4.3 Years

Top Used Car Brands in the UAE by Market Share 

Now, it is time to compare car brands from different car manufacturers and see which brands are more popular in the UAE than the others. Toyota is a renowned car brand in the UAE and has slightly more market share than Nissan. Let’s see how the other popular car brands fare in terms of the market share in the used car market of the UAE. 

•Toyota: 9%

•Nissan: 8.9%

•Ford: 7.9%

•BMW: 7.8%

•Honda: 6.6%

•Mercedes-Benz: 6.3%

•Mitsubishi: 5.9%

•Chevrolet: 4.5%

•Volkswagen: 4.2%

•Hyundai: 4%

Toyota, a Japanese car brand remained on top of all other car brands when it came to the market share of used cars. 

Now, we will go in the depth of the top used car brands in terms of market share and discuss their most popular cars in the market:

Top Japanese Used Car Brands in the UAE

The Japanese cars have a significant share in the UAE used car market as per the indicators of data collected by SellAnyCar.com. It is noteworthy that the Japanese cars are at the top in terms of total market share they have in the UAE market. 

•Toyota: 23.8%

•Nissan: 23.7%

•Honda: 17.6%

•Mitsubishi: 15.7%

•Lexus: 6.4%

•Mazda: 4.9%

•Infiniti: 4.7%

•Suzuki: 1.6%

•Subaru: 0.9%

•Daihatsu: 0.6%

•Isuzu: 0.1%

Toyota and Nissan are clearly ahead according to the above results. Toyota supersedes Nissan by a little margin. 

German Cars in the UAE Used Car Market 

This research shows that German Cars have the second largest market share in the used car market of the UAE. There are some excellent German cars available in the UAE and people love these cars for their efficient performance and modern nature. 

Let’s have a look at all the popular German Cars with their market shares and see who tops this list:

•BMW: 30.4%

•Mercedes-Benz: 24.7%

•Volkswagen: 16.5%

•Audi: 15.1%

•Porsche: 9.8%

•Others: 3.5%

BMW shows to have a significant edge over other German Car brands in terms of the market share in the used car market of the UAE. 

American Used Cars and Their Market Share

American used car manufacturers share the third highest percentage in terms of market presence in the used car market of the UAE. We shall now look at the way different American car brands perform in the used car market of the UAE. 

•Ford: 39.9%

•Chevrolet: 22.9%

•Jeep: 12.4%

•Dodge: 8.6%

•GMC: 6.4% 

•Cadillac: 4%

•Chrysler: 2.4%

•Lincoln: 1.6%

•Hummer: 1.6%

•Others: 0.2%

According to the research data, Ford has the highest percentage for market share among all American used cars. Cheverolet is another American car brand with decent market share in the used car market of the UAE. 

Korean Used Car Brands and Their Market Share 

Korean used car manufacturers are listed at number four on the basis of their market share in the used car market of the UAE. They have an overall share of 7.49% in the used car market. 

Now let’s check the share of different Korean cars in the used car market of the UAE:

•Hyundai: 53.4%

•Kia: 45%

•SsangYong Motor: 1.2%

•Daewoo: 0.4%

Hyundai and Kia are the most eminent Korean used car brands in the UAE and have a significant share in the market. Most of the other used Korean cars are either new to the market or haven’t modernized their cars enough with the passage of time leading to their low demand in the market. 

Market Share of other European Used Car Brands 

With a total share of 5.8%, there are many other European Cars in the used car market of the UAE which people don’t only take interest in, but also buy in good numbers. 

Let’s see how other European car makers sell their used cars in the UAE:

•Peugeot: 41.7%

•Volvo: 21.3%

•Renault: 16.6%

•Maserati: 5.9%

•Seat: 4.6% 

•Skoda: 2.4%

•Saab: 1.9%

•Alfa Romeo: 1.7%

•Fiat: 1.7% 

•Ferrari: 1.4%

•Citroen: 0.5%

•Lamborghini: 0.3%

•Lancia: 0.1%

Peugeot has the highest market share among all other European car brands according to this research. You will find a large number of different types of Peugeot cars like Peugeot 208, Peugeot 308, Peugeot 508 and more in the used car market of the UAE. 

British Top Used Car Brands

British Cars also have their respective share in the used car market of the UAE. From the robust SUV “Land Rover” to the luxury cars by Bugatti, you can find a good variety of used British cars in the UAE used car market. 

Let’s dissect the British Used Car Brands on the basis of their market share in the UAE:

•Land Rover: 56.1%

•Jaguar: 28.6%

•Mercury: 7.2%

•Bentley: 3.2% 

•Aston Martin: 2%

•Other: 3.3% 

Land Rover is by far the top British used car brand according to the research data. It is because Land Rover offers luxury in its vehicles with robust performance features. 

Other Car Brands in the UAE

There are also some other worldwide car brands that are not present in large numbers in the UAE used car market, but still, have a limited existence of efficient used cars to grab a reasonable attention of buyers in the UAE. 

•Chery: 21.8%

•Ashok Leyland: 16.4%

•JAC Motors: 10.9%

•China Automobile: 10.9%

•ZNA: 5.5%

•Great Wall Motors: 5.5%

•King Long: 3.6%

•Hawtai: 3.6% 

•CMC: 3.6%

•Brilliance Auto: 3.6%

•Other: 14.6%

The above results show a very little share of other worldwide car brands in the used car market of the UAE and Chery has the highest market share in this segment. 

Significance of the Research Conducted by SellAnyCar.com

The main purpose of this research conducted by SellAnyCar.com is to provide the information about all top used car brands of the UAE in terms of their market share. The market demand of a car impacts its resale value and is an important factor along with other factors like age and condition of the car. The whole research has been conducted to make car sellers in the UAE aware of the actual resale value of their used cars.

SellAnyCar.com is the largest specialist car buying company in the UAE. The company provides the most trustworthy platform for car sellers all over the UAE to sell their cars quickly while having the security of their payments. SellAnyCar.com offers free car valuation through its car valuation tool (https://uae.sellanycar.com/site/evaluate) and physical inspection for all vehicles. After the physical inspection of your vehicle, you get the final price from the company and on your agreement; you get to sell your car in just 30 minutes. SellAnyCar.com buys any car in any condition even if a car is damaged or a non-runner.  The payment process of SellAnyCar.com is highly secure. The customers have the choice to accept the payment for their car either through electronic bank transfer or Al-Ansari Exchange. Car sellers don’t even need to worry about post-sales paperwork as SellAnyCar.com handles all these processes. With the guaranteed purchase of the car, you also get the best resale value of your used car with SellAnyCar.com. 

NULL
(Visited 4 times, 1 visits today)
Top