Ramadan has long been regarded as one of the best times of the year to buy a new car, driven by bargain-hunting consumers looking for the best deals to save money on a new set of wheels.
New and used car sales in the UAE during Ramadan typically surge by about 50 per cent when compared to the rest of the year, according to Dubai-based automotive data platform AlgoDriven.
The increase in sales during Ramadan is driven by both cause and effect, says Glenn Harwood, co-founder of AlgoDriven.
“The best deals of the year are often found in Ramadan, with dealerships competing to give the best…