Only 29 new Ferrari cars sold in UAE in 2012 ? can't believe it

As a resident of Abu Dhabi who came to this beautiful country in 2009, I don't think that the document you posted might be as accurate as you think it is.

Only 29 Ferrari's being sold across the 7 emirates in the UAE within a year is almost impossible...

The dealership's (Al Tayer Motors, UAE) in Dubai and Abu Dhabi alone would have sold at least twice of that number in 2012... when the 458 Italia launched in Dubai in 2010, it was in such high demand that the waiting list stretched to around 2-3 years. So that would mean a fair bit of 458's being sold in 2012 and 2013, and that was only in Dubai...

This is not counting the other models as well. The California was received rather well in the UAE. There must be a handful of 599's sold as well. It was then Ferrari's flagship so....

The F12 however was launched in November, 2012 in Dubai so I highly doubt any examples were sold within the same year.

Also, I noticed that Malaysia isn't even on this list which is weird as there are quite a bit of Ferrari's in Malaysia, not even a single Ferrari sold in 2012 in Malaysia? Yeah I don't think so.... a good guestimation would be around 15-20 Fezza's sold in 2012

I'd appreciate if OP would cite the source as to where he got this document

Also, a few fun facts as to why supercars and luxury cars are so common in the UAE.

1. There are no sort of taxes on any cars over here. Also no luxury tax/supercar taxes and gas guzzler tax etc.

2. The earning capacity is higher, hence it being easier for you buy luxury cars/supercars

3. The 2nd hand market is absolutely bonkers, especially for continental cars (Ferrari, Lamborghini, Porsche, Mercedes and BMW in particular) as they depreciate extremely badly and in a rather rapid fashion. It is understood that European cars depreciate badly globally but it find it even more so in the UAE as there are too many of them on the market (again, it goes back to both my points mentioned earlier, much easier to buy as opposed to other countries)

Hope I was of some help here.

 

Can't be true... considering there are more than 15 laferrari's alone.

458's and 488's everywhere.

 

Total BS. I just checked an online site for used cars in the UAE and there are presently 25 2012 Ferraris for sale on this site alone, so there are very likely a couple hundred 2012 Ferraris in the UAE.

https://uae.dubizzle.com/motors/used-cars/ferrari/?price__gte=&price__lte=&year__gte=2012&year__lte=2012&kilometers__gte=&kilometers__lte=&seller_type=&keywords=&is_basic_search_widget=0&is_search=1&places__id__in=--&added__gte=&auto_agent=

Same site has 15 488's for sale now including 3 spiders.

 

You might also want to look at this thread which concentrates on REGISTRATIONS (not sales) but has enough quarterly data change that you might be able to derive an estimate of possible sales:

http://www.ferrarichat.com/forum/ferrari-discussion-not-model-specific-sponsored-algar-ferrari/4525-country-has-most-ferraris-10.html

 

If that figure is accurate it means one third of the new ferraris sold in the UAE each year park in my office parking in Abu Dhabi each morning. That would be statistically unusual.

 

ahem ahem. pics???please?

 

I suspect the owners would be nonplussed to see photos of their cars on the web (and the security staff may become curious).

Besides, nothing too exciting (or attractive enough to be worthy of a picture in my opinion) about any of the current models. Go to VIP parking at one of the malls and you will see more interesting stuff.

 

UAE and Saudi Arabia Registrations 2010 - 2015 / January - April 2016

UAE
2010 - 143
2011 - 137
2012 - 515
2013 - 805
2014 - 898
2015 - 1360
Jan-Apr 2016 - 423

Saudi Arabia
2010 - 49
2011 - 140
2012 - 428
2013 - 727
2014 - 827
2015 - 812
Jan-Apr 2016 - 206

 

wow serious numbers

 

It looks like many cars find their way to UAE and Saudi Arabia via parallel export.

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