UAE’s Ramadan: Car Deals Offer 0% Financing and Extra Incentives

This Ramadan, car buyers in the UAE have access to attractive deals. Dealers are adding extra incentives like 0% financing, free insurance, and even covering fuel costs. These offers aim to make new car ownership easier and more affordable.

UAE’s Ramadan: 0% Financing Becomes a Popular Offer

During Ramadan, 0% multi-year financing has become a top choice for buyers. Car brands and supporting banks offer interest-free installments for up to five years. Buyers can choose their preferred models and pay off their cars without worrying about high interest rates.

Multi-Year Free Insurance and Extended Warranties

In addition to financing, many dealers offer multi-year free insurance and extended warranties. These deals can cover insurance costs for up to several years, making it easier for buyers. Warranty periods can stretch up to 7-10 years or 1 million kilometers.

The Impact of Rising Insurance Premiums

Motor insurance premiums have increased by 15%-35% over the past year. As a result, many car buyers seek offers that provide free insurance for multiple years. With the current Ramadan deals, buyers are protected from sudden hikes in insurance premiums.

Savings Beyond the Car Price

Car buyers are not just looking for discounts on the car price. They also want savings on other costs, including registration and insurance. Ramadan deals combine these savings, offering 0% finance, free registration, and multi-year insurance coverage.

Dealers Focus on 0% Finance Over Straight Discounts

While some dealers still offer cash discounts, 0% financing is the more popular option. According to AutoData, around 60% of UAE buyers prefer finance deals. Cash discounts typically range from 10%-20%, especially from American car brands.

In conclusion, Ramadan in UAE has seen dealers cater to new car buyers with exceptional deals. The combination of 0% financing, free insurance, and other incentives makes it an ideal time for purchasing a car.