Dealers Can’t Believe It! UAE Buyers Turning Away from ‘Flood-Free’ EVs: Here’s Why

The demand for used electric vehicles (EVs) in the UAE has seen a significant decline, even as dealers introduce ‘flood-free’ certifications and more attractive financing options to entice buyers. This trend is surprising given the increasing popularity of new EVs in the region. Declining Interest in Used EVs In recent months, the UAE’s second-hand car market has faced a challenging phase. Despite the overall growth in the automotive sector, the interest in pre-owned EVs has not kept pace. Dealers are now grappling with a noticeable drop in buyer interest, which contrasts sharply with the robust sales of new electric vehicles. Efforts to Boost Sales To counteract this trend, used car dealers have introduced several initiatives aimed at boosting consumer confidence and stimulating demand. One of the key strategies has been the introduction of ‘flood-free’ certifications. These certificates assure buyers that the vehicles have not been damaged by floods, a concern that has become more prominent due to