Selling a car in Dubai can seem like quite a chore, especially if you are not sure where to start. However, some basic tips can make your car selling journey easier. At CarSwitch, we realize that selling your car in Dubai could be a hassle, so we have come up with this handy list of dos and don’ts to make your task simpler. Enjoy!
DOs
Be realistic: Try to be realistic about your car’s resale value by considering the age, mileage, and condition of your used car. Here’s a tip: simply head over to CarSwitch and use the available filters to refine your search so you are only looking at ads for used cars that are the same model and year as the one you are selling. Or try this handy car valuator to figure out the market value of your car.
Get help: You can list your car on Dubizzle for AED 200. But if you want a truly hassle-free experience, try CarSwitch, the best place to sell your car online. Using a managed service, like CarSwitch, can dramatically improve your car selling experience while avoiding unnecessary dealer margins.
Be flexible: Some offers will be around 50-60 % of the price you originally posted. Try not to be offended by that. If you are unable to make a deal within a month, consider revising the price. Generally, any offer around 80-90% of your original asking price or higher should be good enough.
Get a Deposit: Right after you have agreed on a price, make sure you collect a reasonable deposit. Clarify conditions under which the deposit would be refundable (e.g., buyer’s loan is rejected, the car gets into an accident). Deposit is your only assurance against the buyer disappearing or wanting to renegotiate the car’s price.
Clear outstanding loans: Before you sell car in Dubai, UAE, RTA requires that any outstandings loans on the car be cleared. A transfer of ownership cannot proceed without that.
DON’Ts
Get your hopes too high: At least not over the first few inquiries. You’ll have to deal with a lot of ‘tire-kickers’ before you discover someone actually interested in making an offer.
Be intimidated by low price offers: When a dealer is inspecting your car, say as little as you can. Not much will escape their view anyway and typically they will offer a price even lower than its trade-in value. Don’t be deterred by that.
Let strangers take a test drive alone: When it’s time for a test drive, don’t ever let a complete stranger drive off in your car. Always accompany them.
Forego a deposit: Once you have made a deal, don’t think it’s unreasonable to ask for a cash deposit around 5% of the agreed price. Any reluctance on part of the buyer to pay a deposit or shake hands on the deal may be an early indicator of buyer’s remorse.
Fall for the “mechanic technic” trick: It’s when a potential buyer brings their own mechanic to inspect your car and then tries to haggle a lower price by convincing you that the car is not in as good a condition as you originally thought.
Accept a personal cheque: This is the most important don’t of them all! Never, in any case, accept a personal cheque for the balance owing on your car. Either ask for cash or a bank cheque.
Follow these dos and don’ts when selling your car in the UAE to make your car selling task simpler. Through CarSwitch you can take the hassle off your hands and sell car in Dubai, UAE the easy way. Try it now!
