Home Business UAE car dealers, banks woo buyers with ‘0% interest’ finance

UAE car dealers, banks woo buyers with ‘0% interest’ finance

by daily times
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Dubai: Buying a car has never been easier in the UAE, with dealerships and banks rushing to offer subsidized auto finance rates, even those coming at an eye-catching ‘0 per cent rate’ on select models for limited time promotions.

Car dealerships are starting to stretch warranty periods beyond the usual 3 years, while some are even offering gold as an added incentive. (In fact, gold coin offers are becoming standard in promotions across the board, whether it’s buying a home or a car. The UAE gold rate for 22K is at a healthy Dh261.75 a gram early today.)

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