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The UAE used car market is poised to grow two-fold by 2028, attributed to the growing preference of consumers for vehicle ownership, rising disposable income, and the surge in the number of the market players providing quality and affordable used cars…

UAE used car market was worth USD 20.60 billion in 2021 and is further projected to reach USD 43.13 billion by 2028, at a CAGR of 10.9% during 2022-2028 (forecast period). This can be ascribed to the increasing preference of consumers for vehicle ownership, rising disposable income, and rise in the number of the market players providing quality and affordable used cars.

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August 26,2019

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