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UAE: New down-payment rule hits car sales

Stricter Central Bank regulations involving a new mandatory down-payment rule, requiring potential buyers to pay 20% of the vehicle's value as down payment, has hit car sales in the United Arab Emirates (UAE). The new regulations came into effect in May this year. According to a report carried by local newspaper Subscribe to Automotive World … Continued

Stricter Central Bank regulations involving a new mandatory down-payment rule, requiring potential buyers to pay 20% of the vehicle's value as down payment, has hit car sales in the United Arab Emirates (UAE). The new regulations came into effect in May this year.

According to a report carried by local newspaper

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https://www.automotiveworld.com/articles/87860-uae-new-down-payment-rule-hits-car-sales/

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