The prices of used cars in Abu Dhabi can be 30 – 35% lower than that of the new versions. This is primarily because of the steep depreciation rate new cars are subject to once these vehicles are driven out of the showroom. Depreciation rates on new cars can be from 20 to 30 percent for the first year. This rate drops to around 15 – 20% per annum for the next few years. Such high depreciation rates cause a huge drop in a car’s value. This is the main reason why the prices of used cars in Abu Dhabi are so affordable.