Selling a car in the UAE can be a daunting prospect, especially for the uninitiated. Other than wondering how to sell cars in Dubai, UAE, the biggest conundrum people face is “When is it the right time to sell my car?” CarSwitch experts reveal the answer.
Climbing Maintenance Costs
Probably one of the best times to sell your car in Dubai, UAE, is when maintenance costs start rising. If you are driving your car to a workshop once every 8 weeks, it is time to sell. It is particularly important to consider a sale before carrying out major repairs – things which may cost you a lot of money but the new owner doesn’t value.
Changing Shape
Car makers change the shape of the car every 5-7 years and prices of older cars drop every time there is a major facelift. So if you are thinking about selling car, make sure that you do so before the new shape is released.
Seasonality Matters!
Thinking to yourself what’s the best time for selling my car in Dubai, UAE? Experts believe that it’s during the spring or fall seasons. Unless you are in desperate need, avoid putting your used cars in Dubai, UAE for sale during the summer or winter seasons as a lot of expats may be traveling. Best to wait it out until people are back in town.
Your Needs are Changing
Sometimes due to changes in your lifestyle, you might discover that a car no longer suits your needs. Marriage, a bigger family, moving into or out of a city are all factors that can influence your vehicle choice. Even if a car is just sitting there it’s still losing value due to depreciation. So it would be better on your wallet if you sell your car before you run out of time or the new model is released.
Problematic Credit History
If you have a car loan that you are unable to pay, then it may be time to sell your car to clear the loan. Even if you are in danger of missing a few payments, it would be ultimately better for your bank if you decide to sell before things get out of hand. A bad credit history will also make things problematic if you intend to buy used cars in Dubai later on because banks might not be willing to lend to a defaulter.
Now if you are wondering “How can I sell my car in Dubai, UAE without too much hassle?”, worry not. CarSwitch experts can handle the entire process on your behalf so you can just sit back and relax. Enjoy the switchin’ experience!