But most car buyers will be looking closely at the auto finance rates available in the market. All hopes of a cut in interest rates by the US Federal Reserve in the…
Tag: car
Renting a car abroad while travelling? Mind these costly risks
Dubai: Renting a car while traveling abroad can offer many conveniences, but it can also quickly turn into an incredibly expensive affair, with cheap headline rates at times doubling – or even…
Ferrari's first electric car to cost over $500,000, source says
Milan: Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make…
UAE car owners get hit with 20-50% insurance premium hikes – and even removal of agency repairs
For dealerships, having their customers bring back their vehicles for service and repair even after the standard 3- to 5-year warranty periods represent a significant income generation. If insurers now are insisting…
Change your car every 30 days with a subscription service: Is that financially prudent?
Dubai: Wouldn’t it be great if your car insurance, car repairs, roadside assistance, and fees were all included in one convenient monthly payment? Car subscriptions are widely debated as an alternative to…
Xiaomi CEO teases price on upcoming car, showrooms begin displaying SU7
Beijing: Xiaomi’s CEO said on Monday that his firm’s first electric vehicle aims to be the “best looking, easiest to drive and smartest car” priced below 500,000 yuan ($69,424), as the Chinese…
Navigate Dubai hassle-free with customised car icons in Yango Maps
This isn’t just an average navigation app. You can see roads, buildings, underground crossings, and even trees come to life on your screen. Yango Maps boasts a highly detailed map with over…
Plug and drive? Decoding costs of buying vs leasing an electric car in the UAE, in 2024
Dubai: Were you hoping to get a new electric vehicle (EV) this year, but are high costs keep holding you back? While owning an electric car is still considered a distant dream…
UAE used car prices see sudden sharp increases – will buyers have to delay their plans?
But in general, availability of these vehicles have come down from other sourcing points as well, they add. What it means for potential buyers is that they will end up paying 10-30…
Is it more profitable to buy a new car at the start of the year rather than later?
Dubai: The beginning and the end of a year are traditionally times for steep discounts at most four-wheeler dealerships, be it high-end car manufacturers or at budget-friendly brands. So as many wait…