The Impact of VAT in UAE CAR MARKET in 2018
Find a used or new car for sale on UAE Carmarket. With the largest range of second hand and new cars from Dubai. Check out photos and prices from all over Dubai, UAE and find the right car for you at http://www.uaecarmarket.com .
Find a used or new car for sale on UAE Carmarket. With the largest range of second hand and new cars from Dubai. Check out photos and prices from all over Dubai, UAE and find the right car for you at http://www.uaecarmarket.com .
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Rise <strong>in</strong> Cost <strong>of</strong> Service and Repairs<br />
<strong>VAT</strong> has also <strong>in</strong>fluenced the service and repair charges mak<strong>in</strong>g them more expensive. From<br />
periodic service, oil change to simple car wash, 5% <strong>VAT</strong> is applicable to all services. In fact, it<br />
is also applicable <strong>in</strong> the purchase <strong>of</strong> spare parts.<br />
While it is yet to see how <strong>VAT</strong> is go<strong>in</strong>g to affect the yearly car sales, from the current scenario<br />
it is safe to conclude that we will witness a decl<strong>in</strong>e <strong>in</strong> the sales. Both onl<strong>in</strong>e car market and<br />
<strong>of</strong>fl<strong>in</strong>e car market have been affected by the application, but many companies are com<strong>in</strong>g up<br />
with <strong>in</strong>terest<strong>in</strong>g discounts and <strong>of</strong>fers to ensure that people still reta<strong>in</strong> a good deal <strong>in</strong> the<br />
market.
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