Ready to sell your car in the UAE? Think again! You might run into some bumps along the road on your car selling journey so don’t underestimate the importance of being prepared. While there are several things you will need to keep in mind before you sell your car in the UAE, this one thing can make all the difference and save precious time. Curious? CarSwitch brings you the answer!
Imagine turning up at the RTA with the buyer, getting the car inspected, asking the buyer to purchase insurance and landing at the counter for ownership transfer. That’s when sellers usually discover that even though they have paid off the loan on their car, they will need to come back to the office another time as the car is still under mortgage. And here you thought you were almost done! Disappointing, right?
Wondering what you missed? Well, here’s the deal. After you have paid off a car loan you still need to make sure that your bank electronically informs the RTA that the car loan has been cleared. Typically, it takes 24-48 hours, but check with your bank branch to find out exactly how long the process will take, and plan accordingly. If you find yourself in such a situation then, unfortunately, you have no choice but to go to the bank and make sure that they inform the RTA.
Want to sell your car in Dubai, UAE but not prepared to tackle all the hurdles? Let CarSwitch handle the process for you A to Z so you can just sit back and relax. You won’t be disappointed!