Dubai is a city known for its luxurious lifestyle and extravagant shopping experiences. If you’re planning to buy a car in Dubai, you may be wondering how much it will cost you. In this article, we’ll explore the different factors that affect the cost of buying a car in Dubai and give you an idea of how much you can expect to spend.
Factors that Affect the Cost of Buying a Car in Dubai
Customs Duties and Taxes
One of the biggest factors that affects the cost of buying a car in Dubai is the customs duties and taxes. The UAE has a 5% customs duty on all imported cars, which means that if you’re importing a car into Dubai, you’ll have to pay an additional 5% on top of the purchase price.
Registration Fees
Another factor that affects the cost of buying a car in Dubai is the registration fees. These fees vary depending on the type and age of the vehicle. For example, if you’re buying a new car, you’ll have to pay higher registration fees than if you’re buying a used car.
Insurance Costs
Insurance costs are another factor that affects the overall cost of owning a car in Dubai. The insurance premiums for cars in Dubai are relatively high compared to other countries due to the high rate of accidents on UAE roads.
Costs of Popular Car Brands in Dubai
Now that we’ve covered some of the factors that affect the cost of buying a car in Dubai, let’s take a look at how much some popular car brands will set you back:
- Mercedes-Benz: Prices range from AED 150,000 to AED 850,000 depending on model and features.
- Audi: Prices range from AED 110,000 to AED 600,000 depending on model and features.
- BMW: Prices range from AED 120,000 to AED 900,000 depending on model and features.
- Toyota: Prices range from AED 50,000 to AED 300,000 depending on model and features.
Conclusion
In conclusion, buying a car in Dubai can be quite expensive due to the customs duties and taxes, registration fees, and insurance costs. However, with some research and careful consideration of your budget and needs, you can find a car that fits your requirements at a reasonable price.