Calculate Your Car’s Depreciation in Dubai Easily!

Some forces affect the rate of depreciation of cars in UAE:

1. Brand and Model Popularity: Well-known brands that have a track record of reliability (Toyota, Nissan, Lexus) usually last longer. Cars such as Toyota Land Cruiser or Nissan Patrol are continually winners.
2. Age of Vehicle: Depreciation is highest in the first year (generally at 15-20 percent). After year three, depreciation is slack, and after year five, it levels out. Five years after that, depending on the condition and mileage as opposed to age, depreciation becomes more prevalent.
3. Mileage: Vehicles that have low mileage above 100, 000km receive high prices. High-mileage cars are treated as unsafe since they will start wearing out under intense UAE conditions.
4. Condition and Service History: Dents, scratches, lack of maintenance or history of accidents cut sharply into resale value. The full service records are highly valued.
5. GCC Specifications: Automobiles designed to be used in GCC climates (improved cooling and protection against dust) command value. Higher depreciations are on the non-GCC imports.
6. Modifications: Modified vehicles especially depreciate at a high rate since not many buyers are interested in them.
7. Color Preference: Neutrals (white, silver, black) are the best value; the bright colors will limit your resale market.
8. Fuel Economy & Technology: With the increase in interest in hybrids/electrics, cars that do not run well in terms of fuel economy, or with earlier technology, deteriorate faster.