After years of catering largely to a luxury travel market, UAE has marked up a rise in budget travel. And it has demanded car rental companies in Dubai to expand their fleets to take in more cost-effective vehicles. You can avail rental cars by the hour as well as by the day that goes well with your budget travel in UAE. Customers in UAE wish to go for a lavish lifestyle despite of tightened purse-strings. So, car rent companies in UAE, particularly in Dubai remain reactive to the market.
Luxury
car market in Dubai is strong and growing on the back of rising levels of non-refundable
income. Dubai luxury car sales continue to boom with the country becoming
the top global market. UAE car rental sector is growing as many more buyers
are becoming cost aware amid the global financial decline. Most of the traders
are trying to call for price-savvy hire a car customer by offering finance
plans that let them widen their expenses out over longer periods.
UAE
tend to have tough demand across the sub-segments of the luxury car hire market.
Middle East represents 1-2% of global luxury car sales despite of robust growth
and the potential for further rise in sales. Renting a car, especially a
luxurious one is hassle free in Dubai. When you rent a UAE luxury car, you get
the chance to drive into the diverse area of UAE and its traditional side. You
can go for a monthly car rental too if you need a luxury car for long. Car
rental providers like 8keyz will always help you out with all your queries when
going for a car hire.
UAE’s
relatively small size and large road-based shipping infrastructure, coupled
with the absence of domestic airlines, the need for rental cars remain high. Car
rental companies have been enforced to cut down their prices and an increase in
car loan denial has marked the demand for a rental car. So, renting a car has
turned out to be more reasonable than buying a car.
Moreover,
the current economic climate has led more UAE nationals to go for domestic
holidays and it has had a positive blow on the car rental market. Dubai luxury
car sales are expected to rise in coming years by 20 percentages in 2013 due to
the strong buying power in the region. UAE will no doubt evolve as an
attractive market for rental luxury cars.
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