Dubai, UAE – Al-Futtaim Automotive, a prominent automotive group in the UAE, has marked a significant achievement in the pre-owned car segment by selling over 25,000 used vehicles in the year 2023. With a legacy spanning 23 years, the company has established itself as a leader in the industry, setting unparalleled standards of excellence in its operations.
The latest business figures reveal that SUVs accounted for 48% of sales, followed by sedans at 29%. Among the best-selling models in the used car portfolio were the Toyota Yaris, Toyota Corolla, and Toyota Prado. Toyota and Honda emerged as the top brands in terms of residual value, with models such as the Prado, Yaris, and RAV4 commanding high demand.
Al-Futtaim Automotive attributes its success to factors such as trust, reliability, and technological integration. The company has embraced digital tools for swift market valuation of used cars, ensuring transparency and fair pricing for customers. Innovations like the ‘photobooth’ showcase allow virtual exploration of vehicles with a 360-degree view, enhancing the customer experience.
Carlos Montenegro, Managing Director of the Fleet & Pre-Owned Division, emphasized the importance of trust and reliability in the pre-owned car market. Al-Futtaim Automotive provides customers with a minimum 1-year warranty on Automall vehicles and up to 5 years on Certified Pre-Owned Vehicles from its brands, instilling confidence in the quality of its offerings.
Furthermore, Al-Futtaim Automotive offers comprehensive aftersales services and financing options, making it a one-stop destination for used-car customers. The company’s commitment to excellence is evident in the inauguration of its state-of-the-art Used Cars Prep Centre, equipped with highly qualified technicians capable of preparing over 25,000 units annually.
In continuation of its success, Al-Futtaim Automotive’s Certified Pre-Owned divisions are hosting the second edition of their signature event, Auto Fest, from March 1 to 3 at Dubai Festival Plaza. Visitors can avail exclusive offers on leading car brands within the Al-Futtaim Automotive portfolio, solidifying the company’s position as a leader in the pre-owned car market.