Used Cars News

After the ministry of Interior's decision decided to ban the transfer of ownership of 15 years old vehicles comes into effect the UAE used car market is expecting boom times in 2010.Many car dealers felt that people would discard their old cars and as the order would be implemented then they would go for reasonably priced used cars .It is predicted that this ministry decision would definitely revive the used cars market. It is quite obvious that anyone using a 15 year old car would be in a position to buy a new car. Speaking about the impact on new car sales, he said: "We at Ford don't think this would directly impact our new vehicle sales, as we believe owners of cars that are 15-20 years old are more likely to opt for a newer pre-owned vehicle as opposed to a new one." He added that the pre-owned sector will see the greatest benefit.

Speaking on the environmental side Murad said that this step would surely help to bring cleaner vehicles on the road.