Dubizzle Motors Releases 2017 Annual Report
dubizzle Motors, the biggest and most trusted marketplace in the UAE, has released search and price trends for used cars in 2017. The report revealed that more than half (54%) of all used cars listed were less than 5 years old and a staggering 57% have been driven less than 100,000KM.
The report revealed that the total value of used cars on the platform was over AED 20.5 billion, with an average price of AED 90K per car. One used car was listed for sale every two minutes and each car listing received an average of 40 inquiries from potential buyers in 2017.
The most searched brands were Toyota (14% of the searches), Nissan (12%), Mercedes (9%), BMW (7%), Ford (6%) followed by Porsche (3%), reinforcing the wide selection of vehicles available on dubizzle Motors for all users.
When looking at the most searched models by users, the most popular were Range Rover (with an average price of AED 209K), followed by Mitsubishi Pajero (AED 48.5K), Toyota Yaris (AED 29.9K), Toyota Camry (AED 42K) and Jeep Wrangler (AED 81.5K).
“Over a quarter (26%) of the overall visits to the dubizzle platform was to the used cars section last year, with a total of 227,989 cars listed for sale. 77% of the used cars listed in 2017 received 3 replies within the first week alone, making the dubizzle Motors platform the fastest way to sell a car in the UAE,” commented Jean-Pierre Mondalek, General Manager at dubizzle Motors.
The most popular car brands listed on the platform were Toyota (14% of the listings), Nissan (11%), Mercedes Benz (9%), BMW (7%), Ford (6%), Lexus (5%) and Audi (4%). The Nissan Patrol was revealed to be the most listed model by sellers in 2017.
“The report also brings to light popular features and options specified on cars for sale, including keyless start and parking sensors (48% of the listings), Bluetooth systems (47%), leather seats (40%), and premium wheel rims (31%).” Mondalek concluded.
dubizzle.com is the leading classifieds website for users in the UAE. Since its launch in 2005 by J.C. Butler and Sim Whatley, dubizzle.com has become the number one platform for users to buy, sell, or find anything in their community. A community where underused goods are redistributed to fill a new need, and become wanted again, where non- product assets such as space, skills and money are exchanged and traded in new ways that don’t always require centralized institutions or ‘middlemen’.