Looking for Cars For Sale In Saudi Arabia? Saudi Arabia best selling car in 2019 was the Hyundai Accent, surging to 80% and reaching 7.7% of share, while the Toyota Camry and the former leader, Toyota Hilux, ended respectively in 3th and 4th place. The Nissan Sunny boomed, landing at 3.6%.
In the Saudi Arabian market, the best-selling car has frequently changed over the last decade, and the 2019 reported a new leader.
Indeed, in 2019, the Hyundai Accent gained the market crown, booming over 80% from the previous year and reaching 7.7% of share.
In second place, the Hyundai Elantra – gaining 3 spots – holding 6.8%, ahead of the Toyota Camry with 4.6% and the former leader, the Toyota Hilux, with 4.5%.
The Toyota Yaris Sedan jumped in 5th place – surging 36.4% – with 4.2% of market share, outpacing the Hyundai Sonata – down 2 spots – and the fast-growing Nissan Sunny.
In eight place, the Mazda6 holding 3.2% followed by the Toyota Corolla, which lost 3 positions from 2018, and the Isuzu TF, closing respectively with 3.1% and 3%.
Saudi Arabia best selling car in 2019
When you reside in a country where petrol is cheaper than the water they drink, fuel efficiency is removed as a factor to be considered when buying a car. One is left with other factors such as resale value of cars, availability and prices of spare parts to be considered.
Although industry experts said that most Saudis do not consider a car’s potential resale value as a criterion when buying a new car, an expatriate or visitor with only a short time to spend in Saudi definitely have to consider how much of the initial price of a car they can get when it’s time to leave.
Used cars are not commonly purchased by Saudi natives which has an impact in the way of calculating car values. The best way to go is to check the market rate and get an idea of a car’s starting price before delving into negotiation with a potential vendor. It might also be of advantage to an expat who does not speak Arabic to get assistance from an Arabic speaker and go with a trust-worthy mechanic who can ensure that the car is in good condition.With all the peculiarities of buying and selling a used car in Saudi Arabia, here are some of the cars with the best resale value this year.
1. Toyota Camry
The Japanese brand has been firmly rooted in the Kingdom by the virtue of being the first to establish themselves in the oil-rich country. Toyota cars generally have good resale values due to the availability of spare parts and the fair prices the spare parts cost. The 2019 model is equipped with a 2.5 liter 4 Cylinder engine with a 178 horsepower and 231 Nm of torque. It is also a preferred choice among locals and expats due to its classy outlook and impressive features. It is 4.80 meters in length, 1.82 meters in width and 1.47 meters in height. The big car bellies a top speed of 194 km/h and moves from 0-100 km/h in 9.7 seconds. It is available in six different versions and costs from SAR 87,465 to SAR 133,035. A used one can be gotten for SAR 79,500 making it retain a considerable percentage of its initial value.
2. Honda Accord
Toyota’s greatest Japanese rival, Honda provides a bevy of cars which are mostly more affordable than Toyota’s. The Honda Accord has the best value of all the flavors the brand has to offer. It comes with a 2.4-liter 4 Cylinder engine with 185 horsepower and 245 Nm of torque. It has a top speed of 208 km/h and goes from 0-100 km/h in 9.6 seconds. The exterior is identified by a mass of 4.89 meters length, 1.85 meters width and 1.47 meters height. The sedan has three different versions of its 2019 model and they range from SAR 96,900 to SAR 141,900. A used one can be gotten for SAR 85,000 after a full year of use. The car has one of the best resale value due to his affordability, as well as the availability of spare parts in reasonable prices.
3. Ford Explorer
Ford Explorer is the classic Arabian car; exquisite, luxurious and rugged, the car is highly coveted and manages to retain a good value after years of use. It is equipped with a 6 speed automatic transmission engine producing 290 horsepower and 346 Nm of torque, which makes it possible to attain 100 km/h in 9.0 seconds. It has a dimension of 5.01 meters in length, 2.29 meters in width and 1.76 meters in height, making it suitable for traipsing in the sand. A new one cost between SAR 150,000 to SAR 238,000 and can be resold for SAR 110,000 after a full year of use.
4. Mercedes-Benz S-Class
The German brand holds its own against rivals from Japan and America. Mercedes-Benz S-Class has a good resale value with its 3.0-liter V6 engine producing 333 horsepower and 480 Nm of torque. Bearing dimensions of 5.25 meters length, 1.90 meters width, and 1.50 meters height, it fits into the classic Arabian style and sells well when new as well as used. It has a top speed of 240 km/h and moves to 100 km/h in 5.3 seconds. The vehicle costs between SAR 672,000 to 11,029,000. The 2018 model still costs up to SAR 390,000.
5. Toyota Corolla
The love for Toyota does not end with the Camry. Other models including Corolla also retain considerable amount of their values after a few years of use. The sedan is manufactured with 1.6-liter SE Automatic engine spurning 132 horsepower and 128 Nm of torque. A used Corolla can still go for SAR 55,135 after one year of use and a used 2019 model can cost as much as SAR 65,000.
6. Ford Taurus
Although the American brands have not always been a favorite compared to their Japanese counterparts, Ford still manage to hold so much value that their cars can be resold after a minimum use to regain a substantial percentage of their initial values. Ford Taurus is made with a 3.5-liter V6 engine that makes 288 horsepower and 345 Nm of torque. It has a top speed of 200 km/h and moves from 0-100 km/h in 7.6 seconds with the aid of a 6 Speed transmission. The sedan is monstrous with 5.15 meters length, 2.18 meters width and 1.54 meters height. A new one costs from SAR 115,500 to SAR 163,000 and holds onto its value as a used one can be sold for SAR 85,000 after two years.
7. Lexus LS
Lexus LS is another Japanese car model that is favored both new and used. The 4.6-liter V8 engine produces 390 horsepower and 500 Nm of torque. With a top speed of 220 km/h, it goes from 0-100 km/h in 5.4 seconds. A new one costs from SAR 478,500 to SAR 774,000 and retains most of its value after years of use.
8. Toyota Land Cruiser
This model of Toyota is preferred for its performance as well as its designs. With dimensions of 5.09 meters in length, 1.98 meters in width, and 1.93 meters in height, the Land Cruiser is a car that is adequately suitable for the terrains of Saudi Arabia and also fairs well in the deserts. Even after using it for a couple of years, you can still get an attractive figure for it. A new one costs from SAR 183,500 to SAR 328,200 while a 2018 model still goes for SAR 298,000.
9. Hyundai Sonata
The Korean representative is a common sight on the streets of Riyadh, the capital city of Saudi Arabia. It provides serious competition for rivals with its 2.4 liter 4 Cylinder engine, capable of producing 175 horsepower and 228 Nm of torque. It bears a top speed of 205 km/h and laps 0-100 km/h in just 9.9 seconds. Its presence is undeniable with dimensions of 4.86 meters length, 1.86 width and 1.48 meters height. The 2019 model is in three different versions whose costs range from SAR 73,499 to SAR 117,000. It can be resold for up to SAR 91,000.
10. Toyota Hilux
The SUV by the dominant brand is a favorite in Saudi Arabia where there is a great love for trucks. It is highly valued due to its capability to cater for all needs; commercial and leisure. The truck is powered by a 2.7-liter 4 Cylinder engine armed with 164 horsepower and 245 Nm of torque. It is the dream SUV with 5.33 meters in length, 1.80 meters in width, and 1.70 meters in height. The size does not deter it from having a top speed of 170 km/h. There are seventeen versions of the 2019 model and the cost ranges from SAR 53,400 to SAR 126,500.
The best way to find your next car
What’s better than driving off into the sunset in your new whip? Driving off knowing you got a killer deal, of course! In this section, I’ll show you how, in just a few smart moves, you can save thousands on your car purchase.
If you’re looking for a TL;DR (too long; didn’t read), you can skip to the bottom of this section for my ultimate recommendation on how to buy the best used car for the best price.
Decide how much car you can afford
Whether it’s your first time buying a car or your fiftieth, always begin the car buying process by creating a budget. A good rule of thumb? The car’s sticker price should be at or below 20% of your annual pre-tax income.
Consider how much you can afford before what kind of car you want. From a financial point-of-view, the less you spend on a car, the more money you have leftover for everything else. Because it’s important to remember that the price of a car doesn’t end at its sticker price; you’re also on the hook for licensing, registration fees, taxes, fuel, financing, depreciation, routine maintenance, surprise maintenance, parking, and more. Multiply a car’s sticker price by ~120% and you’ll have a better idea of its true cost to you.
You can use MU30’s Affordability Calculator to get a better idea of how much you can afford:
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Vehicles are not an investment; they’re a rapidly depreciating asset. It’s an emotional thrill to buy a new car, but buying used is, in 98% of cases, far better value.
If you do decide to buy used or lease, remember that a good car salesman will steer you towards the most expensive options. Know your number first so you don’t overspend later.
Should you buy new or used?
New, used, or CPO is an age-old debate in the car-buying world. 98% of the time buying gently used is the best option, but check out this piece to see if you qualify for the 2% of cases where buying new might make sense.
The reason why buying used is right 98% of the time is because new cars depreciate faster than an open carton of milk. Even the most popular new cars will lose 10% of their value as soon as you drive them off the lot and up to 40% of their value after 12 months, according to Carfax.
Besides, if you buy a historically reliable car from Mazda, Toyota, or Hyundai, it’ll still feel new at 15,000 miles, only it’ll cost a whopping 20%-30% less.
Now, is it worth ponying up an extra few grand for a “certified pre-owned” or CPO car?
Are “Certified Pre-Owned” (CPO) cars a good deal?
In short, no.
A certified pre-owned car is just a used car that’s passed some sort of inspection by the manufacturer or dealer and includes an extended warranty. They cost, on average, around $1,500 more than their used equivalents.
Shoppers value CPO cars because they trust them more; nobody wants a lemon (read: clunker), so we’re willing to pay quite a premium for peace of mind.
But the value for CPO cars simply isn’t there. The first half of the CPO value proposition, the two-year factory extended warranty, is worth $600 at most (but more on warranties later).
The second half of the CPO value proposition is that CPO cars are supposedly of higher quality and last longer. That’s because they’ve passed “a 161-point quality inspection,” according to… the people selling you the vehicle.
Yeah, that’s a conflict of interest, and dealer-made “quality inspections” are problematic on many levels. They’re prone to human error, fluctuating standards, and many sellers deliberately overlook known design flaws. So a seller’s “quality inspection” is worth about as much as a crocheted facemask during a pandemic.
Unless a CPO car is listed as just $200 more than its used equivalents, you’re probably better off ignoring CPO listings entirely.
Get a pre-purchase inspection (PPI) before any purchase – no exceptions
I’m bringing up pre-purchase inspections early in this guide because PPIs are the most overlooked-yet-crucial step of the car-buying process. In my opinion, pre-purchase inspections should forever sit in the pantheon of essential money decisions alongside “open a Roth IRA account” and “match your employer’s 401k contributions.”
A pre-purchase inspection is when you pay an independent mechanic ~$150 to thoroughly inspect a vehicle before you buy it. They’ll test everything – all four corners of the suspension, every knob and button, every inch of the frame, and more.
A PPI is crucial because even a perfect-looking car (especially one labeled CPO) can be hiding damage that’s extremely expensive to repair, or worse, unsafe.
Although PPIs are cheap, and are strongly recommended by the Federal Trade Commission and the Bar Association, many young car buyers don’t get them either because they didn’t know to ask, felt awkward asking, or placed too much trust in the car.
Just get one.
Once you’ve found a non-lemon, it’s time to get the best price.
Find the best price on a car
The internet’s full of car pricing information, so take advantage. At the very least, get competing price quotes online from a site like Edmunds.
Speaking of, Edmunds is just a great site in general to start your car-buying journey. The most helpful information you can find on Edmunds is the true value of your new car. Many car dealerships are getting better about price transparency, but most still try to push pricey — often unnecessary — add-ons, and you may still run into a shady salesperson. Learn how to spot the most common car sales tricks and how to negotiate around them.
If you can, always negotiate your price via phone or email. If you’re ever uncomfortable, simply stand up and walk out. They can’t hold you there.
Do your test driving first. Leave the dealership. Call back the next day and negotiate a price over the phone, or better yet, follow this trick the car dealers hate to secure a rock bottom price. The dealer will hate you, but you’ll get the best price possible.
Short on time or patience, and just want the best deal ASAP? Consider a service like TrueCar to find your car for you. TrueCar is a company that lets you shop and price your car online and matches you with a local partner dealer to deliver the car.
Once you select the car you want, TrueCar’s price is guaranteed so there are no surprises upon delivery.
Oh, and get a PPI.
Now, once you’ve found a car and you’re ready to sign on the dotted line, how should you pay?
What car brands should I consider?
I’ll let Consumer Reports’ list of most reliable car brands speak for itself.
Generally speaking, anything that isn’t a Bugatti will have similar maintenance costs within its first five years. However, it’s between years five and 10 when things start to get expensive.
Mazda, Toyota, Lexus, Hyundai, and Genesis vehicles will make you happier for longer. Mazda has not only toppled Toyota in recent reliability surveys, but they provide excellent value for money. Having tested eight versions of both (and bought one), I think that the Mazda MX-5 and CX-5 are the overall fun car and crossover on the market, respectively.
I would never, ever buy a car made by [redacted]. Nah, I have PR friends in every car company so I won’t throw anyone under the bus. Instead, I’ll let Consumer Reports do the finger-pointing. Certain brands simply can’t make a car that lasts past 75,000 miles without falling apart like wet papier-mâché, and these brands are best avoided.
If reliability and affordability are your first two filters, your third should be how the car makes you feel. Don’t hesitate to schedule five or even 10 test drives before you make a purchase. A car is a huge investment, so take your time and don’t settle for anything that doesn’t make you feel happy.
Should I finance, pay cash, or lease a car?
Deciding how to pay for a new car is a personal choice, but it’s best to pay in cash when you can.
That’s because when you save cash to buy a car, you’re less likely to overspend. It’s easy to sign a loan; it’s hard to part with cash, as it should be.
But there are exceptions. If you’ve already built some amount of wealth, financing or leasing can be advantageous if it allows you to keep cash invested and earn a higher rate of return.
Many times, you simply need to finance for personal wealth reasons. No problem. Car loans are common, easy to secure, and offer reasonable interest rates. Before you sign, however, you want to make sure you’re getting a fair interest rate and understand how much you’ll pay for the loan.
Be wary of “0% APR” offers. Dealers and financiers use this tactic to lure unsuspected buyers into buying cars they can’t afford, or at best, overpaying. Paying zero interest doesn’t mean you got a good deal; sellers often bake their lost interest into the sticker price, or instead of discounting last year’s stock by its one-year depreciated value, offering it for full-price and 0% APR.
What about extras (ceramic coatings, window tinting, etc.)?
Dealers, like movie theaters and Apple Stores, make a sizable chunk of their profits by selling extras. They can apply a special coating to your car to protect it from scratches for $995, or tint your windows for $495.
I’m a firm believer in both. A ceramic coating will protect your paint and help retain your car’s value. Tinted windows deter thieves, protect you and your leather seats from UV rays, and even protect you from shattered glass in the event of an accident.
So you should get both, just not from a dealer. Virtually any dealer add-on can be purchased at a custom auto shop for ~60% less. I had a shop tint my windows for $140 and applied a ceramic coating to both of my cars for $65.
If a dealer add-on piques your interest, take note and buy it elsewhere.
Should I buy an extended warranty?
Like certified pre-owned cars, extended warranties are rarely worth the money. To channel my inner Nancy Reagan, Just Say No to third-party extended warranties.
Most extended warranties provide peace of mind without backing it up with actual value. If you comb through the finer details of the terms and conditions, you’ll notice several loopholes and backdoors through which they can worm out of paying you.
- When my ex-roommate’s infotainment system suddenly died in his 2014 BMW 4 Series, he learned that his expensive warranty wouldn’t cover it because it was “the result of aftermarket/non-OEM additions to the vehicle.” For the non-car-savvy, implying that his new cold air intake would cause the infotainment system to fail is like implying that stubbing your toe causes you to forget algebra.
- Similarly, user Gatsby’s Ghost on Jalopnik laments the tale of his wife’s 2008 Jaguar XK. The couple had purchased an extremely extensive warranty covering everything but “consumables,” i.e. tires, windshield wiper blades, etc. But when a rubber seal failed and caused water to pool inside the car, the warranty company insisted that all rubber is consumable, and left the couple with the entire $1,200 repair bill.
Though hard to believe, these anecdotes represent the norm, not the exception.
That being said, warranties can add value in some cases. If you have the option of buying an extended warranty directly from the manufacturer (Ford, Toyota, BMW, etc.) and you plan to drive the car for many years beyond the expiration of the factory warranty, it might be a good idea.
A warranty is a kind of insurance. When you buy it, you’re insured against the cost of major repairs. When you don’t buy it, you assume that risk yourself.
Speaking of insurance, let’s talk about how to get the best deal on a good auto insurance policy with a reputable provider.
Does it really matter which car insurance company I use?
Yes! Finding the car insurance company that can offer you the most favorable rates can, as the ads promise, save you hundreds of dollars a year.
Not only do you want to compare quotes and shop around, you need to understand what insurance you’re buying so you don’t pay for coverage you don’t need or get into an accident only to discover you didn’t have the coverage you thought you did.
Determine how much insurance you really need
Purchasing the right amount of insurance can save you a lot of money. You’ll be much better off going line-by-line, understanding each type of insurance, and deciding how much you need. That way, you’ll design a policy perfectly tailored to you that saves you money.
Get at least five quotes
Once you’ve determined how much insurance you need, it’s time to collect some quotes. A great place to start is on reputable aggregator websites; think Kayak.com, but instead of shopping for flights you’re browsing car insurance.
Gabi is one of my favorite auto insurance aggregators. Gabi digs hard for affordable quotes from reputable providers. Seven in ten Gabi users save an average of $800 annually.
Gabi will also remember your policy details and automatically search for a better deal for you every six months. This can prevent you from being subject to a “loyalty tax” for not switching providers often enough (seriously, it’s a real thing).
Now, while you’re shopping for quotes on aggregator sites, it would also behoove you to collect a few quotes directly from the providers themselves. Not only can you collect the most accurate quotes there, but you can discover provider-specific perks not always visible from aggregator sites.
I’m a fan of online-only providers since they tend to provide the lowest premiums and best websites/apps.
Progressive is a great example of an online insurer. Not only do they offer a crazy amount of discounts and competitive pricing, but you can even ask your Google Home for assistance and it’ll connect you to a representative.
And, if you don’t drive a lot, Progressive won’t fault you, and you could secure a lower rate.
Read MU30’s full Progressive review to learn more.
Now, once you’ve made a list of potential providers I strongly recommend collecting at least five quotes online. Each provider will see your situation differently, and your potential premiums can vary wildly.
Thankfully, most providers’ online quote tools are extremely quick and easy to use (and you can fudge some of your personal information to collect accurate quotes without forking over your cell phone #).
Consider a pay-per-mile insurance policy
If you drive fewer than 10,000 miles annually you might consider a new type of insurance called pay-per-mile. As the name implies, under a pay-per-mile insurance policy you’ll pay an extremely low base rate per month, plus a few cents per mile that you actually drive.
Liberty Mutual’s ByMile is a solid pay-per-mile program for a few reasons. First and quite simply, it’s backed by Liberty Mutual. This means you’ll get access to excellent customer service, good rates, and a swift claims process.
Also, ByMile undercuts other pay-per-mile competitors by capping its daily charging limit at 150 miles.