Cars' prices

Name: Qatar Living Classifieds
Rating: 4.1 (228 reviews)
Author: Qatar Living

By Expat2006 •

Dear all,
Due to the economic crises there are two factors I guess it might effect the cars'prices

1- I heard rumours about some restrictions for the bank loans. accordingly it will minimize the number of persons who might be able to buy cars.

2- The persons whom intend to change their car and able to effort the cash payment will prefer to wait until they have a clear image for this crises.

Both of the factors will minimize the number of buyers VS. the number of seller (the famous rule)

please share with me your thoughts about the subject.

thank you

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4 comments Sort by rating

By newkidontheblock• 27 Dec 2008 14:46

Rating: 4/5

According from CBQ, only people who has 20,000 QR Salary can only get Car Loan from Bank. Effective December 1.

Even the price of cars are extremely high now. Talking about a 2007-08 1.6L Toyota Corolla, before it was around 60K QR and now it might be like 74-76K QR.

By steve.farrell• 27 Dec 2008 13:59

it would be less rush on roads, more comfort for padestrains, time saving etc etc. Some people might be shabby by this news if it happens so.

Steve Farrell

By Nisa1964• 27 Dec 2008 13:56

Rating: 5/5

Nothing will happen for six months, bcz car manufactures cut production all over the world.present production is meeting the demand. wait for six months...

By baldrick2dogs• 27 Dec 2008 13:38

Great news - less idiots on the road :o)

Did you Google it first?

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Cars' prices

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