Al-Marsad newspaper: A report by the Yahala program reviewed the opinions of a number of citizens who go to car showrooms regarding the rise in car prices in Saudi Arabia and the difference between them and the prices in the UAE and Kuwait.
A citizen said: “I still say that the new one is expensive and I prefer to buy the used one,” adding that prices in the Gulf, such as the UAE and Kuwait, are lower compared to prices in the Kingdom, where the difference is not less than 15 or 20 thousand.
A citizen indicated that he had been at a fairground for 4 months and had not received it until now. Another added: “The owners of car showrooms, leaving cars in the shade, are what matters to them.”
Another continued: “You can buy a 2006 model car for 70,000, which is what this value is worth, meaning there are people who control the market and agree on prices.”
One of the car showroom owners said that prices have been going down for two or three months and gradually lower. Adding, the most demand for bank financing.