Summary: According to gulfnews.com, among the diverse markets of the Gulf, Saudi Arabia is recognized as the cheapest destination for purchasing new cars....
According to gulfnews.com, among the diverse markets of the Gulf, Saudi Arabia is recognized as the cheapest destination for purchasing new cars. While the United Arab Emirates stands at higher price points in this arena, a recent study indicates significant disparities in car affordability between the two countries. This research, which includes 68 models from 17 different brands, shows that car prices in the Gulf have remained generally stable this year, but the gap between the markets remains considerable.
Saudi Arabia, with an average price of 91.05, is the cheapest place to buy new cars, while the United Arab Emirates, at 105.41, is the most expensive. This reality not only reflects the intense competition in the Saudi market but also clearly indicates the purchasing power of the people in this country. For instance, popular models such as the Toyota RAV4 and MG 5 are offered at significantly lower prices in Saudi Arabia compared to their neighbors.
The study also reveals that brands like Mitsubishi and Nissan, which have traditionally been positioned in the budget segment, are now closer to average price points. This convergence in pricing may be due to increased competition in the market. While people in Saudi Arabia happily take advantage of these opportunities, residents of the UAE may feel somewhat disappointed by these prices.
Given this trend, car buyers in Saudi Arabia can confidently proceed with purchasing new vehicles and benefit from reasonable prices. For more images and additional information, please refer to the source of the news.