Dubai, known as the “city of cars,” is home to a wide range of cars of all types and models. From SUVs and Sedans to expensive sports and exotic cars, you’ll discover a sought-after selection of vehicles here. Many costly and exotic cars may be found abandoned in scrap yards or parking lots in Dubai. These abandoned cars in Dubai are eventually sold for a fraction of their original cost.
We’ve put all of the information regarding abandoned cars in Dubai, including where to discover them and how to buy them, in this guide.
What are Dubai’s Abandoned Cars?
Approximately 3,000 cars are discovered abandoned on Dubai’s streets, airport parking lots, and public parking lots each year. Almost all exotic and premium car brands, such as BMW, Bugatti, Audi, Ferrari, and many other brands, are represented. There could be a variety of reasons for a large number of abandoned luxury cars in Dubai, including failure to pay debts, relocation to another nation, or impoundment.
Where do Dubai’s Abandoned cars go?
These cars are sold at bargain prices in Dubai vehicle auctions.
Dubai municipality seizes the cars as soon as they are discovered abandoned. Vehicle owners are also given a 15-day warning time to claim their vehicle. The car is then seized, and the owner has six months to claim it after completing all of the necessary paperwork. If no one claims within six months, the cars are auctioned off in Dubai at far lower prices. The abandoned cars are purchased from the auction by licensed car dealers, who then sell them to prospective customers.
In Dubai, how do I buy Abandoned Cars?
It’s not uncommon to come upon an abandoned car at the airport.
In Dubai, between 2,000 and 3,000 cars are abandoned each year by their owners. The owners of these abandoned cars in Dubai frequently leave them at Dubai airport or in public parking spaces. It’s not impossible to come across an abandoned car on a random street in Dubai. These cars are picked up and auctioned by Dubai police once they have been identified as abandoned.
Cars that have been abandoned are auctioned off to dealers who can bid properly. Once they’ve found the perfect customer, these dealers assist them in purchasing the car of their choice.
In Dubai, who can buy Abandoned supercars?
The majority of abandoned supercar auctions are invitation-only affairs. Potential bidders must register with the police and show that they have enough money for the deposit when the auction of abandoned cars is advertised. Before potential bidders receive an auction invitation, they must first complete the registration process.
What is the best way to buy an abandoned car at a live auction?
Registered car dealers can purchase a vehicle directly from the auction.
The following is a general outline of how an auction works:
- Each attendee receives a booklet containing all of the information on the cars that will be present at the event.
- At the counter, guests must provide their emirate id and pay a deposit fee to register for the live auction.
- Each guest will be given a bidding number.
- The auction is conducted by a panel of four to five people, and the car is sold to the highest bidder.
- The car must be paid for within 48 hours after the auction.
It’s vital to know that neither the manufacturer nor the dealers offer any kind of guarantee on these vehicles.
Things to think about, before buying an abandoned car at auction
In a car auction, try to bid wisely. Here are some pointers to consider if you’re looking to acquire an abandoned car in Dubai:
- First and foremost, inspect the vehicle’s condition. Before making a final payment, carefully inspect the vehicle’s condition and inspect all of the parts.
- Examine the vehicle’s documentation.
- Look at the vehicle’s chassis and VIN to learn about the vehicle’s history and other information.
- Take your time and check through the available autos before bidding according to their value.
Prices of Abandoned Cars in Dubai
One of the reasons why so many people desire to buy abandoned cars is the price. Many cheap SUVs and premium cars are offered at a fraction of their original value at the abandoned car auction. These vehicles, however, can have small flaws. This is why it is critical to inspect its condition before finalizing a transaction.
This brings our guide to Dubai’s abandoned cars to a close. Aside from auto auctions, CarSwitch has a wide selection of used cars for sale in Dubai, ranging from luxurious to economical.
